In the Eurozone, the 3-month moving average rate is expected to increase to 2.1 percent in July from June's 1.7 percent that extended a trend of gains consistent with gradual economic recovery.

Federal Reserve Board Governor Christopher Waller is scheduled to speak on"Payments" before the Global Fintech Festival 2024 at 1:15 a.m. EDT (0515 GMT).

Atlanta Federal Reserve Bank President Raphael Bostic will speak on the economic outlook in a moderated conversation hosted by the Stanford Club of Georgia and the Stanford Black Alumni Association-Atlanta at 6 p.m. EDT (2200 GMT).

In Australia, capital Expenditures for the second quarter are expected to rise 1.0 percent on the quarter to match the first quarter's better-than-expected increase.

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.

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.