Highlights
A rather busy day for economic indicators featuring US international trade in goods and services at 8:30 am ET plus JOLTS job openings at 10 am ET, new home sales at 10 am ET, and ISM services purchasing managers at 10 am ET.
The trade deficit for March is seen at $60.4 billion versus $57.3 billion in February. Expectations call for a flat reading on ISM services at 53.9 for April versus 54.0 in March. New home sales for March are seen at 668K rate. JOLTS is seen at a 6.656 million rate in March versus 6.882 million in February.
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.