What is it? It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

When? At 4:00am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the EUR to rise.

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1. Wall Street opened sharply lower on Monday with the Dow Jones industrial average losing more than a 1,000 points following a more-than 8 percent drop in Chinese shares and a selloff in oil and other commodities. The Dow has never lost more than 800 points in a day.

2. U.S stocks plunged Monday, with the Dow Jones Industrial Average plummeting more than 1,000 points following a global stock sell-off across European and Asian markets as fears escalated about China’s slowing economy. All three major indexes are on course for one of their worst opens since the financial crisis of 2008.

3. Gold prices rose to a fresh seven-week high on Monday, as heavy losses in global equity markets and the U.S. dollar boosted demand for the yellow metal.

4. As China's stock-market plunge spread to the United States, presidential candidates on Monday laid on blame and pushed their policy ideas from the sidelines, with Republican Donald Trump saying he had warned about U.S. exposure to China.

"I've been talking about China for years. Because China's going bad it's going to bring us down, too, because we're so heavily coupled with China," said real-estate mogul Trump on Fox News. "I'm the one that says you better start un-coupling from China because China's got problems."

5. Apple Inc's (O:AAPL) China business experienced "strong growth" in July and August, Chief Executive Tim Cook told CNBC on Monday. Cook said, in an emailed response to questions about the company's business in China, iPhone activations in China had accelerated over the past few weeks and the App Store in China had the best performance of year for over the past two weeks.

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The near 9 percent slump in Chinese stocks was their worst performance since the depths of the global financial crisis in 2009 and wiped out what was left of the 2015 gains, which in June has been more than 50 percent.

With the latest slide rooted in disappointment that Beijing did not announce expected policy support over the weekend, all index futures contracts slumped by their 10 percent daily limit, pointing to more bad days ahead.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 5.1 percent to a three-year low. Tokyo's Nikkei ended down 4.6 percent and Australian and Indonesian shares hit two-year troughs.

"China could be forced to devalue the yuan even more, should its economy falter, and the equity markets are dealing with the prospect of a weaker yuan amplifying the negative impact from a sluggish Chinese economy," said Eiji Kinouchi, chief technical analyst at Daiwa Securities in Tokyo.

There was further evidence that developed markets were becoming synchronized with the troubles. London's FTSE which has a large number of global miners and oil firms, was down for its 10th straight day, its worst run since 2003.

The pan-European FTSEurofirst 300 was last down 3.7 percent at 1,382.15 points, wiping around 300 billion euros ($344.61 billion) off the index and taking its losses for the month to more than 1 trillion euros.

U.S. stock futures also pointed to big losses for Wall Street's main markets, with the S&P 500, Dow Jones Industrial and Nasdaq expected to open down 2.8, 2.5 and 4 percent respectively.

It could tip the S&P 500 and Nasdaq formally into 'correction' territory - meaning stocks, at their lows, are 10 percent off their 52-week highs.

"We are in the midst of a full-blown growth scare," strategists at JP Morgan Cazenove said in a note.

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