Highlights
Delayed US employment figures for October and November are the global market focus in the release at 8:30 am ET on Tuesday. The Econoday consensus looks for payrolls to rise by 40,000 in November with the jobless rate ticking up to 4.5 percent from 4.4 percent in September. The Bureau of Labor Statistics is also scheduled to release payrolls data for October but no unemployment rate as it was not able to conduct the usual household survey. Econoday does not have a consensus for October payrolls but markets are generally expecting a decline of 20K to 50K on the month largely due to government layoffs.
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.