All markets focused on Nvidia results due after the NYSE close today as the AI chipmaker has become more than just a tech or stock market bellwether given the scale of AI capex spending in the economy and the scale of speculation in big tech stocks.

Equities more stable today after selling off this week amid nerves ahead of the Nvidia results and rising skepticism over the scale of the rally in AI shares relative to the underlying business reality. Big sales of Nvidia shares by Peter Thiel's hedge fund and SoftBank have contributed to selling that trimmed a tiny bit of Nvidia's massive gain lately.

Markets expect Nvidia's results to show top line and bottom line growth of more than 50 percent in the latest quarter. That sounds amazing but the growth rate is down a lot from past quarters; comparisons to prior quarters have gotten tougher given the size of Nvidia's revenues and order book.

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.