On Tuesday, markets will focus on whether the big selloff in stocks and other risk assets will continue, and whether President Trump will back off on his tariff policy or any other aspect of his agenda to remake the US economy. Trump has insisted he is not concerned by the market's extremely negative reaction to his economic policies. Will that continue if stocks continue to melt down?

In scheduled economic news Tuesday, US small business sentiment figures are due at 6 am ET. Expectations call for another decline in sentiment as rising economic uncertainty has chilled investment and hiring. At 10 am ET, US JOLTS data on job openings and labor turnover are due. Forecasters expect another decline in job openings, which would suggest the labor market continues to slow.

Finally, the US Treasury will begin a busy week of Treasury coupon auctions with a sale of $58 billion in 3-year notes, followed by 10-year notes on Wednesday and 30-year bonds on Thursday.

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.