Highlights
Lots of attention today on the ADP employment report due at 8:15 am ET, especially with the delay of the much more significant monthly employment report that was supposed to come out on Friday morning. The consensus forecast in the Econoday survey looks for ADP private payrolls up 45K in January after a similar 41K increase in December.
And at 10 am ET comes the ISM services report, the survey of purchasing managers in services, which accounts for an overwhelming share of business activity in the US economy. Expectations for ISM services call for an index at 53.8 in January versus 54.4 in December.
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.