After a cooler than expected US CPI report on Wednesday, attention turns to US PPI-FD due at 8:30am ET on Thursday. The consensus still looks a lot like the expected figures for CPI a day earlier -- up 0.3 percent for total PPI-FD and PPI-FD excluding food and energy.

Unfortunately, the focus will remain on whatever President Trump and his team have to say about trade after Canada and the European Union on Wednesday announced their retaliation to Trump's tariffs. Trump said the US would respond to Europe's trade countermeasures, and would proceed with planned across the board reciprocal tariffs on April 2, which is shaping up to be a dreaded day in financial markets. The tariff headlines continue to drive financial markets, and the question after Wednesday's relative stability, is whether the selloff in risk assets will resume.

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.