President Trump said he will announce details of a trade deal with the UK at 10 am ET Thursday. Reports suggest the deal will be limited and focus on lower tariffs for UK autos and steel.

"The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come," Trump posted on social media.

In regular macro news, US weekly jobless claims will attract attention as markets watch to see if the surprising 18K rise in claims last week is sustained this week. Expectations call for claims to recede to 232K from 241K last week. If there is another upside miss, it will start to raise concern that employers are doing more than pulling back on hiring in response to the tariff shock.

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.