US data highlights today include ADP employment figures for November (+20K expected) due at 8:15 am ET and ISM services report for November (52.1 expected versus 52.4 in October) at 10 am ET.

Also coming at 8:30 am ET: import/export prices and industrial production at 9:15 am ET. These are both delayed September figures so of lesser interest. The disappointing ISM manufacturing report for November released Monday already provided a current stagflationary read on the sector with the manufacturing business activity index at 48.2 in November versus 48.7 in October and 49.1 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.