A busy day for US economic reports, starting at 8:30 am ET with retail sales. Expectations call for sales to rebound by 0.7 percent in February after dropping by 0.9 percent in January, with a lift from auto and gas station sales. Also at 8:30 am ET, the New York Fed's Empire State manufacturing report with an early read for March. The index is seen at 0.2 in March, down a bit from 5.7 in February and up from minus 12.6 in January. At 10 am ET, US housing market index and business inventories.
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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