Highlights
New home sales at 10 am ET is the main item on the docket for today. Expectations center on an uptick to a 640K annual rate for May from 622K in April.
Oil prices are down again as markets view the signs as favorable in US-Iran peace talks. Iranian oil appears to be flowing on world markets again after extraordinary US concessions to allow it to occur, including endorsing use of US dollars in Iranian oil sales.
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.