Highlights
The French ILO unemployment rate for the July-September quarter is forecast to edge up to 7.2% after falling to 7.1% in April-June from 7.2% in January-March.
The U.S. CPI data is expected to show the annual consumer inflation rate remains above the Federal Reserve's target of guiding to around 2% over the long run, limiting the scope of sharp rate cuts by the Fed.
The total consumer price index is forecast to have risen 2.6% on year in October, up from 2.4% in September. The core CPI excluding food and energy is seen up 3.3% after rising at the same rate previously. On the month, the total CPI is forecast to be up 0.2% and the core CPI by 0.3%, both keeping same pace as in the prior month.
Among Fed talk, Dallas Federal Reserve Bank President Lorie Logan will give opening remarks before the hybrid"Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City at 9:45 a.m. EST (1445 GMT).
St. Louis Federal Reserve Bank President Alberto Musalem will speak on the U.S. economy and monetary policy before the Economic Club of Memphis at 1 p.m. EST (1800 GMT).
Kansas City Federal Reserve Bank President Jeffrey Schmid will give a luncheon keynote speech before the hybrid"Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City at 1:30 p.m. EST (1830 GMT).
In Australia, employment growth is forecast to decelerate to 25,000 in October after surging to 64,100 in September from a downwardly revised 42,600 in August. The unemployment rate is expected to tick up to 4.2% in October from 4.1% in September and 4.2% the previous month.
The U.S. CPI data is expected to show the annual consumer inflation rate remains above the Federal Reserve's target of guiding to around 2% over the long run, limiting the scope of sharp rate cuts by the Fed.
The total consumer price index is forecast to have risen 2.6% on year in October, up from 2.4% in September. The core CPI excluding food and energy is seen up 3.3% after rising at the same rate previously. On the month, the total CPI is forecast to be up 0.2% and the core CPI by 0.3%, both keeping same pace as in the prior month.
Among Fed talk, Dallas Federal Reserve Bank President Lorie Logan will give opening remarks before the hybrid"Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City at 9:45 a.m. EST (1445 GMT).
St. Louis Federal Reserve Bank President Alberto Musalem will speak on the U.S. economy and monetary policy before the Economic Club of Memphis at 1 p.m. EST (1800 GMT).
Kansas City Federal Reserve Bank President Jeffrey Schmid will give a luncheon keynote speech before the hybrid"Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City at 1:30 p.m. EST (1830 GMT).
In Australia, employment growth is forecast to decelerate to 25,000 in October after surging to 64,100 in September from a downwardly revised 42,600 in August. The unemployment rate is expected to tick up to 4.2% in October from 4.1% in September and 4.2% the previous month.
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.
