Highlights
Germany's Gfk consumer climate index is expected to improve further to minus 23 in June after rising a surprisingly strong 3.1 points to, however, a still historically weak minus 24.2 in May.
In the Eurozone, the M3 money supply's three-month moving average is forecast to climb to 0.9 percent in April following March's as-expected 0.4 percent increase that extended a trend of gains.
Confidence among Italian manufacturers is expected to edge up from April's 87.6 to 88.0 in May and in the consumer sector to increase from 95.2 to 95.9.
In German CPI data for May, the annual inflation rate is forecast at 2.4 percent, rising from 2.2 percent in both April and March. The consensus for the harmonised index of consumer prices (HICP) is 2.8 percent, also up from 2.4 percent in both April and March.
The Richmond Fed's district manufacturing sector index is forecast at minus 6 in May, in contraction for a seventh month in a row but rising slightly for a second straight monthly improvement after picking up to minus 7 in April from minus 11 in March.
New York Federal Reserve Bank President John Williams will participate in a roundtable with local leaders to hear about business conditions and municipal and community services at 1:45 p.m. EDT (1745 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will participate in a moderated conversation on"Economic Outlook and Leadership" before the American Economic Association Conference on Teaching and Research in Economic Education at 7 p.m. EDT (2300 GMT).
Australia's business investment is seen up a seasonally adjusted 0.7 percent on quarter in the January-March period after rising 0.8 percent in October-December and 0.6 percent in July-September.
In the Eurozone, the M3 money supply's three-month moving average is forecast to climb to 0.9 percent in April following March's as-expected 0.4 percent increase that extended a trend of gains.
Confidence among Italian manufacturers is expected to edge up from April's 87.6 to 88.0 in May and in the consumer sector to increase from 95.2 to 95.9.
In German CPI data for May, the annual inflation rate is forecast at 2.4 percent, rising from 2.2 percent in both April and March. The consensus for the harmonised index of consumer prices (HICP) is 2.8 percent, also up from 2.4 percent in both April and March.
The Richmond Fed's district manufacturing sector index is forecast at minus 6 in May, in contraction for a seventh month in a row but rising slightly for a second straight monthly improvement after picking up to minus 7 in April from minus 11 in March.
New York Federal Reserve Bank President John Williams will participate in a roundtable with local leaders to hear about business conditions and municipal and community services at 1:45 p.m. EDT (1745 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will participate in a moderated conversation on"Economic Outlook and Leadership" before the American Economic Association Conference on Teaching and Research in Economic Education at 7 p.m. EDT (2300 GMT).
Australia's business investment is seen up a seasonally adjusted 0.7 percent on quarter in the January-March period after rising 0.8 percent in October-December and 0.6 percent in July-September.
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.
