Global financial markets will focus on Federal Reserve Chair Janet Yellen's testimony to both houses of Congress in the coming week, as they continue to mull the possible end of monetary stimulus from central banks around the globe.
Investors will also keep an eye out on a few U.S. economic reports, with Friday's inflation data in the spotlight, for further clues on the timing of the next Fed rate hike.
In the U.K., market participants will be looking ahead to the monthly jobs report for further hints on the strength of the economy and the likelihood of the Bank of England raising interest rates this year.
Elsewhere, China is to release monthly trade and inflation data amid recent signs of cooling in the world's second largest economy.
In addition, traders will be awaiting a rate announcement from the Bank of Canada, with markets leaning toward expecting the first rate hike in nearly seven years.