Consumer sentiment and existing home sales are the two items on the US data calendar due at 10 am ET this morning after Thursday's remarkable consumer price report and the rally in risk assets that followed.

Consumer sentiment in the final report for December is expected revised up a tick to 53.4 from the preliminary 53.3. That would be up from 51.1 in November but remains a rather bleak number, down 28 percent from 74.0 in happier times in December 2024. Existing home sales are seen at an annual 4.15 million for November versus 4.10 million in October, relatively flat.

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.