Forecasters expect the People's Bank of China to cut the loan prime rate by 20 basis points as the PBOC continues its effort to boost demand. The 1-year LPR would go to 3.15 percent from 3.35 percent and he 5-year rate to 3.65 percent from 3.85 percent.

German producer prices are seen continuing their sluggish performance with the PPI down 0.3 percent on the month and down 1.2 percent from a year ago.

Dallas Federal Reserve Bank President Lorie Logan is scheduled to speak and participate in a moderated question-and-answer session before the 2024 SIFMA (Securities Industry and Financial Markets Association) Annual Meeting.

Forecasters look for another negative showing for the US index of leading indicators, down 0.3 percent on the month, for a seventh consecutive decline. The big negative has been declining new orders, which suggests more weakness ahead.

Minneapolis Federal Reserve Bank President Neel Kashkari is scheduled to participate in Chippewa Falls Chamber of Commerce town hall.

Kansas City Federal Reserve Bank President Jeffrey Schmid will speak on the economic and monetary policy outlook before hybrid event hosted by the Chartered Financial Analyst Society, Kansas City.

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.