Highlights
The weekly US jobless claims report due at 8:30 am ET Thursday is in focus in light of the market's obsession with employment news. The Econoday consensus forecast looks for claims up slightly to 215K in the latest week after rising 4K to 212K the week before. Claims have been surprisingly subdued despite perceptions that the job market is stalling. Meanwhile, US ADP figures on Wednesday showed a better than expected gain of 63K in private payrolls in February from January.
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.