Highlights
The UK consumer price index is expected up 0.2 percent on the month and 1.9 percent on the year after rising 0.3 percent month over month in August and 2.2 percent year over year. The yearly core rate is expected nearly unchanged at 3.5 percent from 3.6 percent in August.
UK producer output prices are expected to drop 0.3 percent on the month in September and input prices a steeper 0.5 percent, both measures matching their August changes.
No revisions are expected to the provisional Italian consumer price data leaving annual CPI inflation at just 0.7 percent, down from 1.1 percent in August.
For Canadian housing starts, forecasters see starts improving to an annual rate of 226,000 after dropping to 217,405 in August as loosening credit conditions provide support. Manufacturing sales expected to fall 1.5 percent, in line with the Stats Can preliminary estimate, after rising 1.4 percent in July.
US import prices are seen down 0.3 percent and export prices down 0.4 percent on the month.
Japanese merchandise trade export values are forecast to dip 1.1% for their first year-on-year drop in 10 months in September, following a revised 5.5% gain in August. Some economists predict a 10th straight increase, led by demand for semiconductors, semiconductor-producing equipment and ships as shown in the first 20-day trade data. Import values are expected to mark a sixth straight rise, up 1.7%, on continued needs for computers, refined petroleum products and non-ferrous metals.
Japan's trade balance is forecast to post a ¥173.1 billion deficit for a third consecutive shortfall after a revised ¥703.20 billion deficit in August and compared with a ¥60.6 billion surplus in September 2023 and a record shortfall of ¥3,506.43 billion (¥3.51 trillion) hit in January 2023.
UK producer output prices are expected to drop 0.3 percent on the month in September and input prices a steeper 0.5 percent, both measures matching their August changes.
No revisions are expected to the provisional Italian consumer price data leaving annual CPI inflation at just 0.7 percent, down from 1.1 percent in August.
For Canadian housing starts, forecasters see starts improving to an annual rate of 226,000 after dropping to 217,405 in August as loosening credit conditions provide support. Manufacturing sales expected to fall 1.5 percent, in line with the Stats Can preliminary estimate, after rising 1.4 percent in July.
US import prices are seen down 0.3 percent and export prices down 0.4 percent on the month.
Japanese merchandise trade export values are forecast to dip 1.1% for their first year-on-year drop in 10 months in September, following a revised 5.5% gain in August. Some economists predict a 10th straight increase, led by demand for semiconductors, semiconductor-producing equipment and ships as shown in the first 20-day trade data. Import values are expected to mark a sixth straight rise, up 1.7%, on continued needs for computers, refined petroleum products and non-ferrous metals.
Japan's trade balance is forecast to post a ¥173.1 billion deficit for a third consecutive shortfall after a revised ¥703.20 billion deficit in August and compared with a ¥60.6 billion surplus in September 2023 and a record shortfall of ¥3,506.43 billion (¥3.51 trillion) hit in January 2023.
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.
