Highlights

In Germany, the Gfk consumer climate index is expected to fall to minus 26.2 in October's report after minus 25.5 in a September report that included declines in income expectations and the economic outlook.

For the Eurozone, annual broad money growth is expected to fall to minus 1.0 percent, reducing the headline 3-month average rate to a 0.3 percent drop from July's 0.4 percent rise.

US durable goods orders are forecast to fall 0.3 percent on the month in August following July's 5.2 percent plunge that, reflecting swings in aircraft, followed June's 4.3 percent jump. Excluding transportation, orders are seen up 0.2 percent after a 0.5 percent gain.

Retail sales in Australia are forecast to show a 0.4 percent rise on the month in August on lingering effects of the Women's World Cup that took place in Australia and New Zealand for a month through Aug. 20. Sales rebounded by a firmer-than-expected 0.5 percent in July following a 0.8 percent drop in June, thanks to school holidays and the beginning of the soccer tournament.

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.
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