Highlights
German industrial production in May is expected to rise 0.3 percent on the month after edging 0.1 percent lower in April and falling 0.4 percent in March.
The UK Hallifax house price index is expected to increase 0.2 percent on the month in June following a 0.1 percent dip in May. This week, the UK Nationwide house price index showed a continued monthly gain in June, up 0.2 percent, after a 0.4 percent rise in May.
In France, industrial output is seen down 0.3 percent in May, following April's 0.5 percent gain.
Switzerland's SECO consumer climate index is expected to climb 3 points to minus 35 in June.
In Italy, nominal retail sales are seen up 0.2 percent versus April when they slipped 0.1 percent.
Eurozone retail sales volumes in May are expected to inch 0.1 percent higher on the month after April's weak 0.5 percent fall.
In the US jobs data, a 189,000 rise is the call for nonfarm payroll growth in June, down from a much higher-than-expected 272,000 rise in May. Average hourly earnings in June are expected to rise 0.3 percent on the month for a year-over-year rate of 3.9 percent; these would compare with May's rates of 0.4 percent on the month and 4.1 percent on the year, both of which were also higher than expected. June's unemployment rate is expected to be unchanged at 4.0 percent.
In Canada, employment is expected to grow 21,300 in June, slowing from May's higher-than-expected 27,000 increase that followed April's much higher-than-expected 90,400 jump. The unemployment rate is expected to rise a tenth to 6.3 percent in June as it did in May as high borrowing costs have cooled the economy.
New York Federal Reserve Bank President John Williams will give a keynote speech before the 4th Suresh Tendulkar Memorial Lecture event organized by the Reserve Bank of India at 5:40 a.m. EDT (0940 GMT).
The UK Hallifax house price index is expected to increase 0.2 percent on the month in June following a 0.1 percent dip in May. This week, the UK Nationwide house price index showed a continued monthly gain in June, up 0.2 percent, after a 0.4 percent rise in May.
In France, industrial output is seen down 0.3 percent in May, following April's 0.5 percent gain.
Switzerland's SECO consumer climate index is expected to climb 3 points to minus 35 in June.
In Italy, nominal retail sales are seen up 0.2 percent versus April when they slipped 0.1 percent.
Eurozone retail sales volumes in May are expected to inch 0.1 percent higher on the month after April's weak 0.5 percent fall.
In the US jobs data, a 189,000 rise is the call for nonfarm payroll growth in June, down from a much higher-than-expected 272,000 rise in May. Average hourly earnings in June are expected to rise 0.3 percent on the month for a year-over-year rate of 3.9 percent; these would compare with May's rates of 0.4 percent on the month and 4.1 percent on the year, both of which were also higher than expected. June's unemployment rate is expected to be unchanged at 4.0 percent.
In Canada, employment is expected to grow 21,300 in June, slowing from May's higher-than-expected 27,000 increase that followed April's much higher-than-expected 90,400 jump. The unemployment rate is expected to rise a tenth to 6.3 percent in June as it did in May as high borrowing costs have cooled the economy.
New York Federal Reserve Bank President John Williams will give a keynote speech before the 4th Suresh Tendulkar Memorial Lecture event organized by the Reserve Bank of India at 5:40 a.m. EDT (0940 GMT).
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.
