Highlights
In Germany, GfK's consumer climate index is expected to hold steady at minus 24.3 in September after minus 24.4 in an August report that saw improvement in income expectations but nevertheless remained historically weak.
Among US data, the Case-Shiller home price index for the adjusted 20-city is forecast to rise 1.1 percent in June versus May's 1.0 percent increase. The unadjusted index is expected to rise 0.8 percent on the month but still fall 1.1 percent on the year, the latter would compare with 1.7 percent contraction in May. Case-Shiller prices have exceeded expectations the last four months in a row.
The Conference Board's consumer confidence index is expected to hold roughly steady in August, at a consensus 116.5 versus July's 117.0. This report has exceeded not only the consensus in the last three reports but the consensus range as well.
In the Labor Department's JOLTS report, June's 9.582 million was near expectations and though down from 9.616 million in the prior month, still pointed once again to strong demand for labor. The consensus for July is 9.559 million.
Federal Reserve Vice Chair for Supervision Michael Barr will participate in a"banking services" roundtable discussion with the Blackfeet Business Council at 3 p.m. EDT (1900 GMT).
In Australia, consumer inflation in July is expected to ease to 5.2 versus 5.4 percent in June, which was down from 5.6 percent in May. The CPI has cooled in five of the last six months.
Among US data, the Case-Shiller home price index for the adjusted 20-city is forecast to rise 1.1 percent in June versus May's 1.0 percent increase. The unadjusted index is expected to rise 0.8 percent on the month but still fall 1.1 percent on the year, the latter would compare with 1.7 percent contraction in May. Case-Shiller prices have exceeded expectations the last four months in a row.
The Conference Board's consumer confidence index is expected to hold roughly steady in August, at a consensus 116.5 versus July's 117.0. This report has exceeded not only the consensus in the last three reports but the consensus range as well.
In the Labor Department's JOLTS report, June's 9.582 million was near expectations and though down from 9.616 million in the prior month, still pointed once again to strong demand for labor. The consensus for July is 9.559 million.
Federal Reserve Vice Chair for Supervision Michael Barr will participate in a"banking services" roundtable discussion with the Blackfeet Business Council at 3 p.m. EDT (1900 GMT).
In Australia, consumer inflation in July is expected to ease to 5.2 versus 5.4 percent in June, which was down from 5.6 percent in May. The CPI has cooled in five of the last six months.
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.
