The economic calendar is relatively empty this week, with few scheduled events likely to affect sentiment.
The first report in the United States comes Wednesday at 12:30 p.m. ET, when the Federal Reserve announces monetary policy. Fed Chairman Ben Bernanke's press conference follows at 2:15 p.m. ET.
Before that release, Germany's ZEW survey of investor confidence comes out early Tuesday, which could potentially move European indexes.
The calendar gets busier on Thursday, with monthly retail sales and weekly jobless claims both scheduled for 8:30 a.m. ET. Producer prices will also be released that morning, followed by consumer prices and industrial production before the market opens on Friday.
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