Highlights
The Central Bank of the Republic of China (Taiwan) is widely expected to maintain its key policy rate unchanged at 2.00 percent at its quarterly policy meeting. That would follow a 12.5 basis point hike at its meeting in March, which was the first increase in 12 months and took the rate to its highest since 2008.
In Switzerland, reflecting high imports, the second-quarter current account deficit is expected to deepen to $259.5 billion versus a deficit of $237.6 billion in the first quarter.
UK inflation levels remain above target and wage growth remains high yet underlying trends seem to be moving in the right direction. Thursday's announcement may well be another very close call but Bank Rate is expected to be left at 5.00 percent
Among US data, jolbess claims for the September 14 week are expected to come in unchanged at 230,000, extending their recent trend.
The Philadelphia Fed manufacturing index in September is expected rebound to plus 2.0 versus August's minus 7.0 which ended six months of positive scores.
The Philadelphia Fed manufacturing index in September is expected rebound to plus 2.0 versus August's minus 7.0 which ended six months of positive scores. Both new orders and unfilled orders held in positive ground in August.
Reflecting high imports, the second-quarter current account deficit is expected to deepen to $259.5 billion versus a deficit of $237.6 billion in the first quarter.
After July's 3.95 and June's 3.90 million annualized rates, existing home sales in August are expected to come in at 3.90 million.
Both new orders and unfilled orders held in positive ground in August.After July's 3.95 and June's 3.90 million annualized rates, existing home sales in August are expected to come in at 3.90 million.
The index of lead8ng indicators fell a steep 0.6 percent in July to extend this report's dreary trend. August's consensus is a 0.3 percent decline.
In Tokyo CPI dats, inflation in August is expected to pick up to a year-over-year 3.1 percent versus 2.8 percent in all three of the prior months. Excluding fresh food, the rate is seen at 2.8 percent versus 2.7 percent in July. When also excluding energy, the rate is seen at 2.0 percent versus July's 1.9 percent.
In China,Officials are expected to hold loan prime rates unchanged at September's announcement: at 3.35 percent for the 1-year rate and 3.85 percent for the 5-year. The People's Bank of China left both rates unchanged at their August meeting after cutting them by 10 basis points each at their July meeting.
After incrementally raising rates in July to an overnight level of 0.25 percent, the Bank of Japan is expected to hold policy unchanged.
In Switzerland, reflecting high imports, the second-quarter current account deficit is expected to deepen to $259.5 billion versus a deficit of $237.6 billion in the first quarter.
UK inflation levels remain above target and wage growth remains high yet underlying trends seem to be moving in the right direction. Thursday's announcement may well be another very close call but Bank Rate is expected to be left at 5.00 percent
Among US data, jolbess claims for the September 14 week are expected to come in unchanged at 230,000, extending their recent trend.
The Philadelphia Fed manufacturing index in September is expected rebound to plus 2.0 versus August's minus 7.0 which ended six months of positive scores.
The Philadelphia Fed manufacturing index in September is expected rebound to plus 2.0 versus August's minus 7.0 which ended six months of positive scores. Both new orders and unfilled orders held in positive ground in August.
Reflecting high imports, the second-quarter current account deficit is expected to deepen to $259.5 billion versus a deficit of $237.6 billion in the first quarter.
After July's 3.95 and June's 3.90 million annualized rates, existing home sales in August are expected to come in at 3.90 million.
Both new orders and unfilled orders held in positive ground in August.After July's 3.95 and June's 3.90 million annualized rates, existing home sales in August are expected to come in at 3.90 million.
The index of lead8ng indicators fell a steep 0.6 percent in July to extend this report's dreary trend. August's consensus is a 0.3 percent decline.
In Tokyo CPI dats, inflation in August is expected to pick up to a year-over-year 3.1 percent versus 2.8 percent in all three of the prior months. Excluding fresh food, the rate is seen at 2.8 percent versus 2.7 percent in July. When also excluding energy, the rate is seen at 2.0 percent versus July's 1.9 percent.
In China,Officials are expected to hold loan prime rates unchanged at September's announcement: at 3.35 percent for the 1-year rate and 3.85 percent for the 5-year. The People's Bank of China left both rates unchanged at their August meeting after cutting them by 10 basis points each at their July meeting.
After incrementally raising rates in July to an overnight level of 0.25 percent, the Bank of Japan is expected to hold policy unchanged.
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.
