The economic calendar focuses on factories
The US trading week is already underway after solid earnings from Bank of America. That's good news for financials but S&P futures are trading close to flat.
In terms of economic data, the Empire Fed is up first at the bottom of the hour. Expectations are for a +1.00 reading in August after -1.99 in September. Estimates range from -4.0 to +5.0.
Later, at 1315 GMT (9:15 am ET), the September industrial production report is due. The median estimate is for a +0.2% reading but forecasts range from -0.2% to +0.5%.
I think earnings and sentiment in the bond market are more likely to be drivers than these numbers but the market hasn't latched onto a theme so far today so any miss could stir things up.
As Mike noted, Draghi and the BOE's Broadbent are on the docket later. The Fed's Fischer is also out at 1615 GMT.