On a day of limited scheduled US macro news, markets on tenterhooks awaiting a ruling from the Supreme Court on President Trump's reciprocal tariffs. No way to know if the ruling is today or whether we'll wait longer. Administration braced for an adverse ruling and ready to announce new legal rationale to keep the same tariffs in place.

Meanwhile, markets focused on Greenland as Trump renewed his threat of big new tariffs on Denmark and other countries resisting his desire to own it. Of course there will be dramatic meetings at Davos with other world leaders starting Wednesday, and plenty of time for posturing.

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.