Highlights

India's wholesale price index, due at 2:30 a.m. EDT (0630 GMT), is expected to rise 0.20 percent in February for a fourth straight year-over-year increase after rising 0.27 percent in January, which was below expectations and slower than the 0.73 percent gain in December.

US new jobless claims in the March 9 week are expected to hold little changed, at 215,000 versus 217,000 in the prior week.

Producer prices in February are expected to rise 0.3 percent on the month to match January's 0.3 percent rise. The annual rate in February is seen at 1.2 percent versus January's 0.9 percent. Excluding food and energy prices, producer prices are seen up 0.2 percent on the month, slowing from a 0.5 percent rise.

Retail sales in February are expected to rise 0.7 percent versus January's much weaker-than-expected decline of 0.8 percent. Excluding autos, sales are expected to rebound 0.4 percent after falling 0.6 percent. Excluding both autos and gasoline, sales are seen up 0.2 percent following a 0.5 percent drop.

Business inventories in January are expected to rise 0.3 percent on the month following a 0.4 percent rise in December that reflected a strong build for retailers.

Canadian manufacturing sales in January are expected to rise 0.4 percent after falling 0.7 percent in December that, however, followed a 1.5 percent rise in November.

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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