Highlights
A busy morning for US economic reports including weekly jobless claims, Philadelphia Fed manufacturing, and housing starts/permits, all at 8:30 am ET.
For claims, the Econoday consensus looks for 213K versus 211K last week. Philly Fed manufacturing index expected at 15.0 in May versus 26.7 in April. Housing starts are expected lower at a 1.410 million unit rate in April versus 1.502 million in March.
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.