Highlights
Productivity and costs report due at 8:30 am ET with expectations calling for a gain of 1.7 percent in Q1 versus 1.8 percent in Q4. Lots of interest in productivity given all the talk about artificial intelligence boosting productivity and the economy's capacity for non-inflationary growth.
Also due at 8:30 am ET: weekly jobless claims, which are expected back above 200K at 205K in the latest week after a surprising 26K drop to 189K in the previous week. With the ADP employment report on Wednesday showing an unexpectedly big increase of 109K private jobs in April, the resilient job market narrative gets another chapter. What will jobless claim show?
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.