In focus Thursday: a busy day of US economic indicators starting with revised GDP for the fourth quarter, durable goods orders, weekly jobless claims, and pending home sales. After a run of weaker than expected US indicators starting with existing home sales and consumer sentiment on Friday last week, followed by worse than expected consumer confidence and new home sales this week, investors are on alert for more signs that the economy, and consumer demand, in particular, are starting to crack.

Investors also remain on alert for more off-the-cuff remarks from President Trump on tariffs. Trump caused confusion on Wednesday when he said planned tariffs on Canada and Mexico would be delayed until April 2, which caused a flurry as investors reacted to the new one-month delay. He also floated the idea of a 25 percent tariff on goods from the European Union. An administration official later said the Canada and Mexico tariffs would begin on March 4, as previously promised.

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.