Highlights
In France, no revision is expected to the provisional August CPI data, leaving prices rising 1.0 percent on the month and a yearly inflation rate of 4.8 percent, up from July's final 4.3 percent.
The Italian CPI data for August is also expected to be unrevised. The initial reading for consumer prices is a 0.4 percent rise on the month and a yearly inflation rate of 5.5 percent, down from July's final 5.9 percent.
Among US data, the New York Fed's Empire State manufacturing index is expected to pick up to minus 10.0 in September after August's minus 19.0, which was much lower than expected.
Import prices rose a higher-than-expected 0.4 percent in July with August expectations at a 0.3 percent rise. Export prices, which rose 0.7 percent in July and which were also higher than expected, are expected to rise 0.4 percent. This report had been pointing consistently to cooling underlying price pressures, that is until July's gains.
After jumping 1.0 percent in July, industrial production is expected to rise only 0.1 percent in August. Manufacturing output, which in July rose 0.5 percent, is also expected up 0.1 percent. Capacity utilization is expected flat at 79.3 percent.
The University of Michigan's consumer sentiment index for September is expected to edge down to 69.2 from August's 69.5, which was down more than 2 points from July.
In Canada, manufacturing sales in July are expected to rebound 0.7 percent on the month after falling 1.7 percent in June and reflecting widespread declines.
The Italian CPI data for August is also expected to be unrevised. The initial reading for consumer prices is a 0.4 percent rise on the month and a yearly inflation rate of 5.5 percent, down from July's final 5.9 percent.
Among US data, the New York Fed's Empire State manufacturing index is expected to pick up to minus 10.0 in September after August's minus 19.0, which was much lower than expected.
Import prices rose a higher-than-expected 0.4 percent in July with August expectations at a 0.3 percent rise. Export prices, which rose 0.7 percent in July and which were also higher than expected, are expected to rise 0.4 percent. This report had been pointing consistently to cooling underlying price pressures, that is until July's gains.
After jumping 1.0 percent in July, industrial production is expected to rise only 0.1 percent in August. Manufacturing output, which in July rose 0.5 percent, is also expected up 0.1 percent. Capacity utilization is expected flat at 79.3 percent.
The University of Michigan's consumer sentiment index for September is expected to edge down to 69.2 from August's 69.5, which was down more than 2 points from July.
In Canada, manufacturing sales in July are expected to rebound 0.7 percent on the month after falling 1.7 percent in June and reflecting widespread declines.
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.
