In global macro news on Tuesday, Germany's Ifo report on business sentiment will be in focus as investors watch to see if the revival in German economic sentiment will continue. Expectations for the Ifo index call for another rise to 87.0 for March from 85.2 in February. The report is due at 10 am CET and 5 am ET.

In the US, the consumer confidence index for March will attract attention amid concerns that weakening consumption is set to stall the long-running economic expansion. The report, due at 10 am ET, is expected to show another fall in confidence to 94.2 from 98.3 in February, with an uptick expected in inflation expectations too. The index was as high as 112.8 in November and has fallen each month since then.

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.