Highlights
Oil prices down again as markets transfixed by Israel-Lebanon ceasefire and hopes for more progress toward a US-Iran settlement and reopening of Strait of Hormuz. Risk assets expected to remain better bid though caution also in prospect as traders may pare risk headed into weekend of talks which have been touted by President Trump and Trump's dubious claim that Tehran has agreed to almost of his terms.
In scheduled news, several Federal Reserve speaker on the calendar including San Francisco Fed's Mary Daly at 11:30 am ET, Richmond Fed's Tom. Barkin at 12:15 ET and Governor Chris Waller at 14:00 ET, all on monetary policy outlook.
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.