Highlights
Switzerland's purchasing mangers' index for the manufacturing sector is expected to lose further ground to 44.0 in July from 44.9 in June.
In the US, ADP's July employment number is forecast at 185,000, which would compare with June growth in private payrolls reported by the Bureau of Labor Statistics of 149,000. ADP's number for June was way off at 497,000.
Unit motor vehicle sales in July are expected to edge lower to a 15.6 million annualized rate from June's 15.7 million, which compared with expectations for 15.3 million.
Australia's goods and services trade in June is forecast to post a surplus of A$10.5 billion versus May's surplus of A$11.8 billion.
In China, S&P's services PMI in July is expected to slow to 52.4 versus June's 53.9, which marked a noticeable slowdown from May's 57.1.
In the US, ADP's July employment number is forecast at 185,000, which would compare with June growth in private payrolls reported by the Bureau of Labor Statistics of 149,000. ADP's number for June was way off at 497,000.
Unit motor vehicle sales in July are expected to edge lower to a 15.6 million annualized rate from June's 15.7 million, which compared with expectations for 15.3 million.
Australia's goods and services trade in June is forecast to post a surplus of A$10.5 billion versus May's surplus of A$11.8 billion.
In China, S&P's services PMI in July is expected to slow to 52.4 versus June's 53.9, which marked a noticeable slowdown from May's 57.1.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
