Highlights
Switzerland's adjusted unemployment rate is seen edging a tick higher to 2.4 percent in January from 2.2 percent in December.
German industrial production in December is expected to remain unchanged on the month after falling a steeper-than-expected 0.7 percent in November, the sixth straight decline. The year-over-year comparison is seen decreasing 3.5 percent following 4.9 percent contraction in November.
The UK house price index is forecast to rise 0.2 percent on the month in January after a surprisingly sharp 1.1 percent gain in December.
Taiwan's trade balance (due during the European morning) is seen shrinking to $8.7 billion in January (2 forecasts) from $11.1 billion the previous month.
Italian retail sales are seen dipping 0.2 percent on the month in December after a 0.4 percent increase in November.
Among US data, a deficit of $62.2 billion is expected in December for total goods and services trade, which would compare with a $63.2 billion deficit in November. Advance data on the goods side of December's report showed a $0.8 billion narrowing in the deficit.
Consumer credit is expected to increase $16.2 billion in December versus a surprisingly strong increase of $23.7 billion in November.
In Canada, December's trade balance is seen in surplus of C$1.2 billion versus November's surplus of C$1.6 billion that was held down by a jump in imports and a fall in exports.
Federal Reserve Board Governor Adriana Kugler will speak on"The Outlook for the Economy and Monetary Policy" before the Brookings Institution at 11 a.m. EST (1600 GMT).
Boston Federal Reserve Bank President Susan Collins will give perspectives on the economy before the Boston Economic Club at 11:30 a.m. EST (1630 GMT).
Richmond Federal Reserve Bank President Thomas Barkin will participate in a conversation before the Economic Club of Washington D.C. at 12 p.m. EST (1700 GMT).
Federal Reserve Board Governor Michelle Bowman will speak on"Supporting Entrepreneurship and Small Businesses" before the virtual"Uneven Outcomes in the Labor Market" conference hosted by the Federal Reserve Board of Governors and the Federal Reserve Banks of Atlanta, Boston, Cleveland, Philadelphia, San Francisco, and St. Louis at 2 p.m. EST (1900 GMT).
Deflationary pressures remain in China. Consumer prices are expected to fall 0.5 percent on the year in January for a fourth straight decline after falling 0.3 percent in December. China's CPI last peaked in January 2023 at 2.1 percent. Producer prices are seen down 2.6 percent following a 2.7 percent drop.
German industrial production in December is expected to remain unchanged on the month after falling a steeper-than-expected 0.7 percent in November, the sixth straight decline. The year-over-year comparison is seen decreasing 3.5 percent following 4.9 percent contraction in November.
The UK house price index is forecast to rise 0.2 percent on the month in January after a surprisingly sharp 1.1 percent gain in December.
Taiwan's trade balance (due during the European morning) is seen shrinking to $8.7 billion in January (2 forecasts) from $11.1 billion the previous month.
Italian retail sales are seen dipping 0.2 percent on the month in December after a 0.4 percent increase in November.
Among US data, a deficit of $62.2 billion is expected in December for total goods and services trade, which would compare with a $63.2 billion deficit in November. Advance data on the goods side of December's report showed a $0.8 billion narrowing in the deficit.
Consumer credit is expected to increase $16.2 billion in December versus a surprisingly strong increase of $23.7 billion in November.
In Canada, December's trade balance is seen in surplus of C$1.2 billion versus November's surplus of C$1.6 billion that was held down by a jump in imports and a fall in exports.
Federal Reserve Board Governor Adriana Kugler will speak on"The Outlook for the Economy and Monetary Policy" before the Brookings Institution at 11 a.m. EST (1600 GMT).
Boston Federal Reserve Bank President Susan Collins will give perspectives on the economy before the Boston Economic Club at 11:30 a.m. EST (1630 GMT).
Richmond Federal Reserve Bank President Thomas Barkin will participate in a conversation before the Economic Club of Washington D.C. at 12 p.m. EST (1700 GMT).
Federal Reserve Board Governor Michelle Bowman will speak on"Supporting Entrepreneurship and Small Businesses" before the virtual"Uneven Outcomes in the Labor Market" conference hosted by the Federal Reserve Board of Governors and the Federal Reserve Banks of Atlanta, Boston, Cleveland, Philadelphia, San Francisco, and St. Louis at 2 p.m. EST (1900 GMT).
Deflationary pressures remain in China. Consumer prices are expected to fall 0.5 percent on the year in January for a fourth straight decline after falling 0.3 percent in December. China's CPI last peaked in January 2023 at 2.1 percent. Producer prices are seen down 2.6 percent following a 2.7 percent drop.
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.
