Economics

Why Friday May Be One of the Most Interesting Days of the Quarter

The world's biggest economies will all be in the spotlight.

Sinche: Central Banks New Theme Song 'Running on Empty'

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A day that's expected to affirm the U.S. consumer's strength could also begin with a step into uncharted unconventional policy by the nation whose demographic trends may serve as an early warning signal of what awaits other advanced economies.

"Tomorrow could be among the most challenging sessions of the third quarter," writes Marc Chandler, head of currency strategy at Brown Brothers Harriman & Co. "The focus is primarily on Japan and Europe, but the U.S. reports its first estimate of second-quarter GDP."