Highlights
Markets remain transfixed by the war in the Middle East and the issue of whether strikes on energy infrastructure by both sides will ease or continue to widen the conflagration and the threat to global supplies. Brent and WTI oil benchmarks remain higher on the day but they are well off their highs after President Trump's comments aiming to tamp down worries about the attacks. Meanwhile, several Western allies signaled their willingness to join the US in efforts to unblock the Strait of Hormuz, after initially suggesting they would not.
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.