Highlights
US jobless claims will get extra attention Thursday given the Federal Reserve's focus on managing downside risks in employment, and given surprisingly high jobless claims lately. Thursday's report, due at 8:30 am ET, is expected to show claims receded to 246K in the latest week after surging by 27K to 263K last week. When claims jump around, forecasters generally see them headed back toward the 4-week moving average -- 241K in the latest week. Lots of interest in whether that will happen this time or whether claims will continue to trend higher.
Definition
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.
Description
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.