Highlights
A big day for US economic reports starting with ADP employment at 8:15 am ET where expectations look for a 40K gain on the month. Next up is retail sales at 8:30 am ET with the consensus looking for a gain of 0.4 percent. Then at 10am ET, ISM manufacturing where the call is an index at 52.3 versus 52.4 in the previous month.
Meanwhile, markets thrilled with Tuesday's comments suggesting President Trump wants offramp in the Iran war. Oil prices down today and risk-on trading back.
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.