US jobless claims, Philadelphia Fed manufacturing and NY Fed Empire State manufacturing reports are due at 8:30 am ET today. Expectations for claims center on 212K for the latest week, up from 208K last week. The consensus for Philly Fed, the more market-sensitive of the two regionals, calls for minus 3.5 versus minus 10.2 a month ago. Note we get annual benchmark revisions for the regional Fed reports with today's January data so the December figures may change.

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.