The US purchasing managers report covering services is in focus as investors watch to see how the dominant services sector is faring. Expectations for the Institute for Supply Management report call for the services index to edge up to 51.5 in July from 50.8 in June. Note that expectations for the ISM manufacturing index last week were dashed when it missed at 48.0 versus 49.5 expected, mostly due to tariff effects.

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.