Highlights
US PPI-FD report is due at 8:30 am ET, expected to be another episode in the inflation horror-show. The Econoday consensus looks for May PPI-FD up 0.7 percent on the month and up 6.4 percent on year, lifted by energy prices. CPI on Wednesday matched expectations with gains of 0.5 percent and 4.2 percent, the latter a three-year high. Weekly jobless claims expected to recede to 215K after rising 13K to 225K last week.
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.