Highlights
Consume prices in Switzerland are seen edging 0.1 percent higher on the month in October, nudging the yearly inflation rate a tick firmer to 1.8 percent.
The Swiss consumer climate indicator is seen gaining 4 points to minus 23 in October.
In France, no revision is expected to the October manufacturing PMI, leaving the headline index at 42.6, down from September's final 44.2.
The German PMI for the manufacturing sector is also seen unrevised at 40.7 in the final reading for October, up from September's final 39.6.
The unemployment rate in Germany is expected to edge a tick higher to 5.8 percent in October after being unchanged at 5.7 percent for the third straight month in September. The GDP data released Monday showed Europe's largest economy contracted in the July-September quarter, down by 0.1 percent on quarter, but by slightly less than expected, after growing 0.1 percent in April-June.
In the Eurozone, no revision is expected to the manufacturing PMI for October, leaving the headline index at 43.0, down from September's final 43.4.
The Bank of England is expected to hold its policy interest rate steady for a second straight meeting. The bank last raised Bank Rate in August by 25 basis points.
US new jobless claims for the October 28 week are expected to come in at 213,000 versus 210,000 in the prior week.
Nonfarm productivity is expected to rise to a 4.2 percent annual rate in the third quarter from a 3.5 percent rise in the second quarter. Unit labor costs, which rose 2.2 percent in the second quarter, are expected to slow to 0.7 percent in the third quarter.
Factory orders are expected to rise 1.1 percent on the month in September versus August's 1.2 percent that reflected a 2.1 percent jump for nondurable goods. Durable goods orders for September, which have already been released and are one of two major components of this report, jumped 4.7 percent on the month.
Unit vehicle sales in October are expected to decrease to a 15.1 million annual rate from September's higher-than-expected 15.7 million.
St. Louis Federal Reserve Bank Interim President Kathleen O'Neill Paese will give welcome remarks before a Homer Jones Memorial Lecture event hosted by the Federal Reserve Bank of St. Louis at 6:30 p.m. EDT (2230 GMT).
In Chian, S&P's services PMI in October is expected to edge higher to 50.5 versus September's 50.2, which was nearly 2 points lower than expected.
The Swiss consumer climate indicator is seen gaining 4 points to minus 23 in October.
In France, no revision is expected to the October manufacturing PMI, leaving the headline index at 42.6, down from September's final 44.2.
The German PMI for the manufacturing sector is also seen unrevised at 40.7 in the final reading for October, up from September's final 39.6.
The unemployment rate in Germany is expected to edge a tick higher to 5.8 percent in October after being unchanged at 5.7 percent for the third straight month in September. The GDP data released Monday showed Europe's largest economy contracted in the July-September quarter, down by 0.1 percent on quarter, but by slightly less than expected, after growing 0.1 percent in April-June.
In the Eurozone, no revision is expected to the manufacturing PMI for October, leaving the headline index at 43.0, down from September's final 43.4.
The Bank of England is expected to hold its policy interest rate steady for a second straight meeting. The bank last raised Bank Rate in August by 25 basis points.
US new jobless claims for the October 28 week are expected to come in at 213,000 versus 210,000 in the prior week.
Nonfarm productivity is expected to rise to a 4.2 percent annual rate in the third quarter from a 3.5 percent rise in the second quarter. Unit labor costs, which rose 2.2 percent in the second quarter, are expected to slow to 0.7 percent in the third quarter.
Factory orders are expected to rise 1.1 percent on the month in September versus August's 1.2 percent that reflected a 2.1 percent jump for nondurable goods. Durable goods orders for September, which have already been released and are one of two major components of this report, jumped 4.7 percent on the month.
Unit vehicle sales in October are expected to decrease to a 15.1 million annual rate from September's higher-than-expected 15.7 million.
St. Louis Federal Reserve Bank Interim President Kathleen O'Neill Paese will give welcome remarks before a Homer Jones Memorial Lecture event hosted by the Federal Reserve Bank of St. Louis at 6:30 p.m. EDT (2230 GMT).
In Chian, S&P's services PMI in October is expected to edge higher to 50.5 versus September's 50.2, which was nearly 2 points lower than expected.
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.
