The week gets under way Monday with a batch of S&P PMI composite flash reports from Europe and the US. Markets are watching for signs that this early reading on March will begin to show the impact of tariffs imposed by the Trump administration, in particular the manufacturing PMIs. Attention will focus in particular on Germany, Europe's export powerhouse, and on the US. The German PMI report is due at 4:30 am ET and the US PMI at 9:45 am ET. The German manufacturing PMI is expected to show ongoing contraction at 47.0 and the US PMI manufacturing is expected at 51.8.

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.