Plenty for markets to chew on today including Federal Reserve speakers and economic reports, even with the government shutdown meaning no weekly jobless claims, PPI-FD and retail sales at 8:30 am ET. We do get Philadelphia Fed manufacturing, a tier-one report, at 8:30 am ET, and the NAHB housing market index on homebuilder sentiment at 10 am ET.

Among Fed speakers, Richmond Fed President Tom Barkin gets things started at 8 am ET, followed by Fed Governor Christopher Waller at 9 am ET. These are respected, mainstream voices. Then there is Fed Governor Stephen Miran also at 9 am ET, who represents the Trumpian fringe view on the FOMC. Fed Governor Michael Barr is talking about everyone's favorite topic, stablecoins, at 9 am ET, and Fed Governor Michelle Bowman, back on topic, at 10 am ET.

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.