For this week, US personal spending and income data due Thursday is likely to show robust consumption in July backed by solid earnings that are exceeding easing inflation. Friday's US jobs data is expected to show decelerating but still healthy employment growth, with a stable unemployment rate. Canada's second quarter GDP, also due Friday, is forecast to indicate slower economic growth after a surge in the first quarter.

On Monday, the Eurozone's broad money growth (on a three-month basis) is expected to slow to a 0.1 percent gain versus 1.0 percent in June.

The Dallas Fed manufacturing index is expected to post a 16th straight negative score, at a steep minus 21.0 in August, down from minus 20.0 in July.

Japanese payrolls are expected to have posted their 12th straight year-over-year growth in July as hotels, restaurants, factories and construction firms continued to fill job vacancies amid slower but resilient consumer spending while the unemployment is forecast at 2.5 percent, unchanged from June, when it improved from 2.6 percent in May. The government's domestic travel discount program for residents and widely eased public health rules have been supporting the tourism industry and some retail stores.

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.

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.