St. Louis

While central banks step away from the spotlight, as does Asian data and markets with China and South Korea both taking a weeklong break, there will be a bevy of central bank speakers to "explain" what is going on while it will be a busy week data wise, with the US employment trade balance report due this week, PMI and retail sales in Euro area, as well as PMI and house prices in UK. The key central bank events include the Australia RBA board meeting, ECB minutes,Yellen and Fed member speeches. In Emerging Markets, there are monetary policy meetings in India, Poland and Romania.

For the second consecutive night, peaceful daytime protests descended into late-night violence with broken windows and thrown rocks, water bottles and garbage can lids following Friday's acquittal of a white former police officer in the shooting death of a black suspect. A small group of demonstrators refused to disperse, breaking windows at dozens of businesses and throwing objects at police, who moved in with hundreds of officers in riot gear to make arrests.

Setting up a potential repeat of the Ferguson unrest from the summer of 2015, St. Louis is bracing for another round of violent protests after an ex-cop was acquitted for the alleged murder of a black man.

Authored by Gail Tverberg via Our Finite World blog,