A huge day for economic data: the pick of the group is US GDP for Q1, the first big reading of the Trump era. Markets look for a 0.2 percent growth rate but the forecasts range from minus 1.5 percent to up 1.1 percent.

Personal income and outlays with PCE price figures are coming at 10 am ET. Investors tend to focus on PCE prices with expectations centering on no change for PCE prices on the month and a tiny 0.1 percent increase for core PCE.

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.