US consumer sentiment figures due at 10 am ET today from the University of Michigan are in focus. The Econoday consensus sees sentiment continuing to erode with the key index at 53.2 in the first reading for November versus 53.6 in October. Consumer worries about their jobs, inflation and the economic outlook have only been aggravated by high-profile corporate layoff announcements, the government shutdown, rising prices at the grocery store, and more.

Global stock markets have been in risk-off mode the last few days as investors worry that a weakening employment market will bring a slowdown in consumer spending. So it will be interesting to see what the University of Michigan survey reveals about consumer attitudes and spending plans.

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.