Monthly producer price and weekly jobless claims reports are in focus at 8:30 am ET today. Expectations for PPI-FD call for trend-like increases of 0.2 percent and 0.3 percent for ex-food & energy on the month. For jobless claims, the Econoday consensus looks for new claims at 243K in the latest week, down from 247K last week. That still represents an elevated level relative to where claims have been through the first part of the year.

Geopolitical news remains a major concern for markets after the US withdrew diplomats from Iraq and approved voluntary departure of some military family members from the Middle East. That followed reports that Israel may be preparing a strike of some kind against Iran. Separately, tariff worries are back in focus after President Trump's comment late Wednesday that he would set new tariff rates for trading partners in two weeks when the pause in so-called reciprocal tariffs is scheduled to end. The dollar has weakened again and US equity index futures have turned lower in response.

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.