After a week full of major central bank policy policy announcements, all of which matched expectations, including a 50 basis point rate cut from the Swiss National Bank, and no rate changes from the BOJ, the Bank of England, and the Fed, investors may wish for a quiet day on Friday.

Unfortunately, Friday is Quadruple Witching day, the quarterly date when trillions of dollars in equity options contracts expire, which can lead to fireworks. Already in focus: the fragility of global financial markets given high levels of uncertainty around the impact of President Trump's chaotic rollout of tariffs and other policy changes. The question for US markets in particular is whether the roughly 10 percent correction from the recent equities peak is enough, or whether there's more downside coming.

In economic data, the Eurozone EC consumer confidence flash, due at 10 am ET, will attract attention given the steep dropoff in US consumer sentiment. Consumer confidence in the Eurozone is expected to head in the other direction, with the consensus forecast looking for confidence to tick up to minus 12.8 in March from minus 13.6 in the prior report.

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.