Highlights
A batch of second-tier US economic indicators are on the calendar today including consumer confidence from the Conference Board at 10 am ET. Expectations call for an index down to 92.0 for May from 92.8 in April. Given consumer gloom flowing from the US-Iran war and its impact on gas prices, presumably the risk is to the downside.
Eyes remain focused on news from the Mideast conflict where lots of headlines over the weekend offered a mixed picture on progress toward a settlement.
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.