On a relatively light day for scheduled macroeconomic news, Nvidia earnings are the market focus, due after the NYSE close Wednesday. Shares in the technology bellwether, the second most valuable company in the world, have been on a tear, up about 25 percent in the last month, up about 3 percent on Tuesday alone. Nvidia is the darling of investors betting on the AI story, and US-based tech generally. With bond yields retreating from recent highs and risk appetite recovering amid hopes for détente on US-China and US-EU trade, Nvidia results could be very good or very bad for markets generally.

Separately, President Trump has been unusually quiet lately, relative to his standards, and does not have any media appearances scheduled yet for Wednesday. He doesn't tend to remain mum for long, which means investors should be ready for the next outburst.

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.