Highlights
The highlight on today's shutdown-abbreviated US economic data calendar is the monthly survey of purchasing managers in services from the Institute for Supply Management, due at 10 am ET. Expectations for the ISM services index call for 51.6 in September, basically flat from 52.0 in August. That would suggest remarkably steady slow growth in the sector, which accounts for the vast bulk of the economy. Keep an eye on exports, which have been contracting, not a good look for the world's leading exporter of services.
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.