Highlights
In Germany industrial production in July is expected to fall 0.2 percent on the month after a promising and stronger-than-expected 1.4 percent rise in June. The year-over-year comparison is seen decreasing 2.9 percent following 3.9 percent contraction in June.
The German goods trade balance is expected to widen to a €21.0 billion surplus in July versus a narrower-than-expected surplus of €20.4 billion in June.
The UK Halifax house price index is expected to rise a monthly 0.2 percent following a surprisingly strong 0.8 percent increase in July.
French industrial production is seen down 0.3 percent on the month after an unexpected large 0.8 percent bounce in June.
Switzerland's SECO consumer confidence index is seen little changed at minus 33 after July's minus 32.
In the US jobs data, a 160,000 rise is the call for nonfarm payroll growth in August versus July's much lower-than-expected 114,000 rise. Average hourly earnings in August are expected to rise 0.3 percent on the month for a year-over-year rate of 3.7 percent; these would compare with July's rates of 0.2 percent on the month and 3.6 percent on the year. August's unemployment rate is expected to slip 1 tenth to 4.2 percent after jumping 2 tenths in July.
In Canada, employment in August is expected to rise 15,000 versus small disappointing declines in the prior two months. August's unemployment rate is expected to rise a tenth to 6.5 percent, indicating a cooling economy.
New York Federal Reserve Bank President John Williams will speak before the C. Peter McColough Series on International Economics organized by the Council on Foreign Relations at 8:45 a.m. EDT (1245 GMT).
Federal Reserve Board Governor Christopher Waller will speak on the economic outlook at event hosted by the University of Notre Dame at 11 a.m. EDT (1500 GMT).
The German goods trade balance is expected to widen to a €21.0 billion surplus in July versus a narrower-than-expected surplus of €20.4 billion in June.
The UK Halifax house price index is expected to rise a monthly 0.2 percent following a surprisingly strong 0.8 percent increase in July.
French industrial production is seen down 0.3 percent on the month after an unexpected large 0.8 percent bounce in June.
Switzerland's SECO consumer confidence index is seen little changed at minus 33 after July's minus 32.
In the US jobs data, a 160,000 rise is the call for nonfarm payroll growth in August versus July's much lower-than-expected 114,000 rise. Average hourly earnings in August are expected to rise 0.3 percent on the month for a year-over-year rate of 3.7 percent; these would compare with July's rates of 0.2 percent on the month and 3.6 percent on the year. August's unemployment rate is expected to slip 1 tenth to 4.2 percent after jumping 2 tenths in July.
In Canada, employment in August is expected to rise 15,000 versus small disappointing declines in the prior two months. August's unemployment rate is expected to rise a tenth to 6.5 percent, indicating a cooling economy.
New York Federal Reserve Bank President John Williams will speak before the C. Peter McColough Series on International Economics organized by the Council on Foreign Relations at 8:45 a.m. EDT (1245 GMT).
Federal Reserve Board Governor Christopher Waller will speak on the economic outlook at event hosted by the University of Notre Dame at 11 a.m. EDT (1500 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.
