The Federal Reserve is expected to significantly reduce interest rates at its meeting Tuesday and Wednesday. It will provide even more juice for stocks, which continued to hit fresh records last week.
But investors should not get tunnel vision.
Another round of trade talks between the US and China starts Tuesday in Shanghai. It will be the first time top dealers meet personally since US President Donald Trump and his Chinese colleague Xi Jinping agreed on a ceasefire at the G20 meeting last month.
It is also the US work report for July that hits Friday. Investors will review the data to see if they back up the Fed's decision.
2. Deal mania: Britain's threatening exit from the European Union does not stop a wave of agreements in the region.
British Delivery Service Just Eat ( JSTTY ) and the Dutch company Takeaway.com have agreed to merge, the companies said Monday.
The combination will create a massive food delivery service that is better positioned to compete in a crowded market. Amazon ( AMZN ) supported the UK delivery delivery Deliveroo earlier this year. Uber Eats has also increased its presence in top markets like London.
It seems investors in both companies like the deal. Just Eat shares jumped 25% on early trading Monday. Takeout shares increased by 4%.
Also on the radar: London Stock Exchange ( LDNXF )
confirmed this weekend that it is in talks to buy financial data service Refinitive in a $ 27 billion deal included debt. The private equity firm Blackstone acquired a majority stake in Thomson Reuters business last year. LSE shares are up nearly 1
5% on Monday.
And the Wall Street Journal reported Saturday at pharma giants Pfizer ( PFE ) and Mylan ( MYL ) ] approaching an agreement that can create a global powerhouse in the low-price market.
3. Investor jitters: Global markets are mostly gloomy, but there are a few bright spots.
American stock futures point to a flat open Monday. The European markets mostly opened lower, while Germany's DAX fell 0.1% and France's CAC 40 fell 0.2%.
Shares in Asia also saw a decline. Hong Kong's Hang Seng fell 1% in the midst of concern that massive protests could damage the local economy, while Japan's Nikkei lost 0.2%.
The exception was the UK's FTSE 100, which rose 1%, although the pound hit a new two year low close to 1.23 dollars on fear of a messy Brexit.
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4. Comes this week:
Monday – Beyond Meat ( BYND ) income
Tuesday – Apple , Sprint ( S ) Mondelez ( MDLZ ) Under Armor ( UA UA ) and Procter & Gamble ( PG ) Revenue
Wednesday – Birth Decree; GE, Occidental Petroleum ( OXY ) Molson Coors ( TAP ) and Qualcomm  ( ] QCOM ) earnings
Thursday – Bank of England rate decision;  General Motors ( GM ) Dunkin ( DNKN ) Kraft Heinz ( KHC ) and Verizon ( VZ ) Revenue
Friday – US Work Reports; Exxon ( XOM ) Chevron ( CVX ) and Berkshire Hathaway ( BRKA ) earnings