Highlights

India's purchasing mangers index for the manufacturing sector is forecast at an unrevised 57.4 for October in the final reading, up from 56.5 in September.

The UK Nationwide house price index is expected to ease to a 0.3% monthly gain and a 2.8% rise on the year after rising to an above-forecast 0.7% and 3.2% in September.

In Switzerland, the year-on-year increase in retail sales is expected to cool to 2.5% in September from 3.2% in August.

The UK PMI manufacturing index is forecast at 50.3 in October, unrevised from the initial reading of 50.3 and down from 51.5 in September.

In the U.S. jobs data for October, strikes and hurricanes are expected to skew employment lower, with nonfarm payrolls up 125,000, slowing from September's 254,000 increase. The jobless rate is forecast at 4.1%. Hourly earnings are seen up by a trend-like 0.3% on the month.

The Institute for Supply Management purchasing managers index for the manufacturing sector is expected to show a seventh straight month of contraction at 47.6 in October, only slightly up from 47.2 in September. Demand remains sluggish as firms are reluctant to invest in capacity amid uncertainty over the pace of the Federal Reserve's unwinding of its tight monetary policy and the outcome of the presidential election.

The consensus for construction spending looks for a modest 0.1 percent increase on the month.

Dallas Federal Reserve Bank President Lorie Logan will give a welcome address before the Women in Central Banking Workshop sponsored by the Federal Reserve Bank of Dallas at 9:45 a.m. EDT (1345 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.
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