As the global economy continues its slow decline, all eyes are fixed on the trifecta of central bank meetings this week, including policy statements from the Federal Reserve, the European Central Bank and the Bank of England.
Markets rallied last week after Draghi's euro zone comments. The Dow Jones Industrial Average (DJI) crossed the 13,000 mark last Friday for the first time since early May. The Dow ended last week up 1.97 percent and the S&P 500 (GSPC) gained more than 2.5 percent for the week.
Up first is the Federal Reserve, which will make its policy announcement on Wednesday.
"I don't think many people are counting on QE3, per se, but they are at least counting on some sort of strong hint from the Fed that something is coming down the pike," saysRead More »from Markets Expect Bold Action from Central Banks This Week: Will Draghi Unleash His Bazooka?