In the US, the small business optimism index compiled by the National Federation of Independent Business (NFIB) is expected to slip to 89.7 in April from 90.1 in March. The index has been below, and often deeply below, the historical average of 98 for 15 months in a row.

Federal Reserve Board Governor Philip Jefferson will participate in a virtual conversation before the Atlanta Black Chambers Tuesdays Talks at 8:30 a.m. EDT (1230 GMT).

New York Federal Reserve Bank President John Williams will give a keynote speech before a hybrid Signature Luncheon event by the Economic Club of New York at 12:05 p.m. EDT (1605 GMT).

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.

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.