Highlights
French industrial production for December is expected to rise 0.2 percent on the month after rising 0.5 in November, which was the first monthly increase since July.
The US jobs data is expected to show the labor market is cooling but remains relatively resilient. Nonfarm payrolls are forecast to post a 170,000 gain in January, slowing from a higher-than-expected 216,000 increase in December.
Average hourly earnings in January are expected to rise 0.3 percent on the month for a year-over-year rate of 4.1 percent; these would compare with December's rates of 0.4 and 4.1 percent, which were both higher than expected.
January's unemployment rate is expected to rise to 3.8 percent from December's 3.7 percent, which was lower than expected.
The University of Michigan's consumer sentiment index is expected to end January at 78.8, unchanged from the preliminary reading and up a substantial 9.1 points from December, which itself was up 8.4 points from November for the biggest two-month gain since the end of the 1991 recession.
Factory orders are expected to rise 0.4 percent on the month in December versus November's 2.6 percent decline that reflected an upswing in commercial aircraft. Durable goods orders for December, which have already been released and are one of two major components of this report, were unchanged on the month.
Unit vehicle sales in January are expected to edge lower to a 15.7 million annualized rate from December's 15.8 million, which was better than expected and one of the best rates of the last several years.
The US jobs data is expected to show the labor market is cooling but remains relatively resilient. Nonfarm payrolls are forecast to post a 170,000 gain in January, slowing from a higher-than-expected 216,000 increase in December.
Average hourly earnings in January are expected to rise 0.3 percent on the month for a year-over-year rate of 4.1 percent; these would compare with December's rates of 0.4 and 4.1 percent, which were both higher than expected.
January's unemployment rate is expected to rise to 3.8 percent from December's 3.7 percent, which was lower than expected.
The University of Michigan's consumer sentiment index is expected to end January at 78.8, unchanged from the preliminary reading and up a substantial 9.1 points from December, which itself was up 8.4 points from November for the biggest two-month gain since the end of the 1991 recession.
Factory orders are expected to rise 0.4 percent on the month in December versus November's 2.6 percent decline that reflected an upswing in commercial aircraft. Durable goods orders for December, which have already been released and are one of two major components of this report, were unchanged on the month.
Unit vehicle sales in January are expected to edge lower to a 15.7 million annualized rate from December's 15.8 million, which was better than expected and one of the best rates of the last several years.
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.
