US PPI-FD figures are in focus at 8:30 am ET today as the market scans for more of the dreaded inflationary tariff effects evident in yesterday's CPI, that in turn spurred bond yields higher. The consensus forecast sees PPI-FD up 0.2 percent for total and for PPI-FD excluding food and energy. Year-on-year, the consensus sees increases of 2.5 percent for the total and 2.7 percent for ex-food & energy.

In the afternoon, there will be a lot of interest in the Federal Reserve's beige book report due at 14:00 ET as it offers a timely view of regional business conditions and inflation pressures. That is a keen focus as investors refine their view of the likelihood of a rate cut in September.

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.