Highlights
Germany's Gfk consumer climate index is expected to rise to minus 28.8 in March's report after a nearly 5-point unexpected fall to minus 29.7 in February.
In the Eurozone, broad money growth (on a 3-month basis) is expected to rebound 0.3 percent on year in January after falling 0.6 percent in December.
US durable goods orders are forecast to fall 4.5 percent on the month in January on an expected downturn for aircraft following no change in December. Excluding transportation, orders are seen rising a steady 0.2 percent in January, with core capital goods orders expected to edge 0.1 percent higher.
The Case-Shiller home price index for the adjusted 20-city monthly rate is expected to rise 0.2 percent in December versus November's smaller-than-expected 0.1 percent increase. The index is seen up an unadjusted 6.0 percent on year after climbing to 5.4 percent in November from 5.4 percent in October.
The Federal Housing Finance Agency (FHFA) house price index is expected to edge 0.1 percent higher in December following an as-expected 0.3 percent increase in November.
The Conference Board's confidence consumer confidence index is expected to post a fourth consecutive monthly gain, rising a slight 0.2 point to 115.0 in February, after surging nearly 7 points to a two-year high of 114.8 in January, thanks to slower inflation, anticipation of lower interest rates and generally favorable employment conditions.
Federal Reserve Vice Chair for Supervision Michael Barr will speak virtually on"Counterfeit Credit Risk" before the Conference on Counterparty Credit Risk Management hosted by the Federal Reserve Bank of New York at 9:05 a.m. EST (1405 GMT).
Australia's monthly CPI data for January is forecast to show the year-over-year inflation rate picked up to 3.6 percent after decelerating sharply to 3.4 percent in December from 4.3 percent in November.
The Reserve Bank of New Zealand is widely expected to maintain its policy interest rate at 5.50 percent in the face of easing but still sticky consumer inflation. Consumer prices rose 4.7 percent on year in the fourth quarter, slowing from 5.6 percent previously, but the annual rate is still well above the RBNZ's target range of 1.0 percent to 3.0 percent.
In the Eurozone, broad money growth (on a 3-month basis) is expected to rebound 0.3 percent on year in January after falling 0.6 percent in December.
US durable goods orders are forecast to fall 4.5 percent on the month in January on an expected downturn for aircraft following no change in December. Excluding transportation, orders are seen rising a steady 0.2 percent in January, with core capital goods orders expected to edge 0.1 percent higher.
The Case-Shiller home price index for the adjusted 20-city monthly rate is expected to rise 0.2 percent in December versus November's smaller-than-expected 0.1 percent increase. The index is seen up an unadjusted 6.0 percent on year after climbing to 5.4 percent in November from 5.4 percent in October.
The Federal Housing Finance Agency (FHFA) house price index is expected to edge 0.1 percent higher in December following an as-expected 0.3 percent increase in November.
The Conference Board's confidence consumer confidence index is expected to post a fourth consecutive monthly gain, rising a slight 0.2 point to 115.0 in February, after surging nearly 7 points to a two-year high of 114.8 in January, thanks to slower inflation, anticipation of lower interest rates and generally favorable employment conditions.
Federal Reserve Vice Chair for Supervision Michael Barr will speak virtually on"Counterfeit Credit Risk" before the Conference on Counterparty Credit Risk Management hosted by the Federal Reserve Bank of New York at 9:05 a.m. EST (1405 GMT).
Australia's monthly CPI data for January is forecast to show the year-over-year inflation rate picked up to 3.6 percent after decelerating sharply to 3.4 percent in December from 4.3 percent in November.
The Reserve Bank of New Zealand is widely expected to maintain its policy interest rate at 5.50 percent in the face of easing but still sticky consumer inflation. Consumer prices rose 4.7 percent on year in the fourth quarter, slowing from 5.6 percent previously, but the annual rate is still well above the RBNZ's target range of 1.0 percent to 3.0 percent.
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.
