Highlights
German manufacturing orders are expected to decrease a monthly 2.0 percent versus July's 2.9 percent monthly increase.
UK Halifax house prices are seen up 0.2 percent on the month in September after a slightly stronger than expected 0.3 percent gain in August.
Eurozone retail sales volumes in August are forecast to rise 0.3 percent on the month after July's 0.1 percent rise. From a year earlier, sales are expected to rise 1.0 percent, recovering from a 0.1 percent dip in July.
There are no major US data releases.
Minneapolis Federal Reserve Bank President Neel Kashkari will participate in a moderated question-and-answer session before the Bank Holding Company Association (BHCA) Fall Seminar at 1:50 p.m. EDT (1715 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will moderate"Dynamic Business of Professional Sports" conversation before the Atlanta Fed's Leading Voice Series at 6 p.m. EDT (2200 GMT).
St. Louis Federal Reserve Bank President Alberto Musalem will speak on the US economy and monetary policy and participate in a moderated conversation before the Money Marketeers of New York University Inc. at 6:30 p.m. EDT (2230 GMT).
Japan's real household spending is forecast to slump 2.7 percent on year in August, after edging up 0.1 percent in July and falling 1.4 percent in June, as consumers remain generally frugal amid rising costs for necessities and a powerful typhoon and rain storms forced some stores to close. On the month, real average expenditures by households with two or more people are expected to rise 0.5 percent after plunging 1.7 percent in July, when the killer heat wave intensified.
The Reserve Bank of Australia will release the minutes of its Sept. 24 meeting at 11:30 a.m. AEDT Tuesday (8:30 p.m. EDT Monday/0130 GMT Tuesday). The RBA left its policy rate at 4.35 percent for the seventh straight meeting, as expected, after raising it by 25 basis points to 4.35 percent from 4.10 percent in November 2023. Governor Michele Bullock told reporters that inflation, at 3.8 percent in the June quarter, is above the bank's target of 2 percent to 3 percent and remains sticky but also said, We didn't explicitly consider an interest rate rise. The board discussed what we would need to see to go either a raise in interest rates or a lowering in interest rates.
UK Halifax house prices are seen up 0.2 percent on the month in September after a slightly stronger than expected 0.3 percent gain in August.
Eurozone retail sales volumes in August are forecast to rise 0.3 percent on the month after July's 0.1 percent rise. From a year earlier, sales are expected to rise 1.0 percent, recovering from a 0.1 percent dip in July.
There are no major US data releases.
Minneapolis Federal Reserve Bank President Neel Kashkari will participate in a moderated question-and-answer session before the Bank Holding Company Association (BHCA) Fall Seminar at 1:50 p.m. EDT (1715 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will moderate"Dynamic Business of Professional Sports" conversation before the Atlanta Fed's Leading Voice Series at 6 p.m. EDT (2200 GMT).
St. Louis Federal Reserve Bank President Alberto Musalem will speak on the US economy and monetary policy and participate in a moderated conversation before the Money Marketeers of New York University Inc. at 6:30 p.m. EDT (2230 GMT).
Japan's real household spending is forecast to slump 2.7 percent on year in August, after edging up 0.1 percent in July and falling 1.4 percent in June, as consumers remain generally frugal amid rising costs for necessities and a powerful typhoon and rain storms forced some stores to close. On the month, real average expenditures by households with two or more people are expected to rise 0.5 percent after plunging 1.7 percent in July, when the killer heat wave intensified.
The Reserve Bank of Australia will release the minutes of its Sept. 24 meeting at 11:30 a.m. AEDT Tuesday (8:30 p.m. EDT Monday/0130 GMT Tuesday). The RBA left its policy rate at 4.35 percent for the seventh straight meeting, as expected, after raising it by 25 basis points to 4.35 percent from 4.10 percent in November 2023. Governor Michele Bullock told reporters that inflation, at 3.8 percent in the June quarter, is above the bank's target of 2 percent to 3 percent and remains sticky but also said, We didn't explicitly consider an interest rate rise. The board discussed what we would need to see to go either a raise in interest rates or a lowering in interest rates.
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.
