London (CNN Business)1. America vs. Europe: The United States and Europe could both soon turn on the stimulus taps. The events of the past week have bolstered the case in Europe, but undermined it in the United States.
Tuesday — China inflation data; PepsiCo ( earnings )
Wednesday — US oil inventories; Fed minutes; Bed Bath & Beyond ( earnings; Powell testifies in the House )
Thursday — US inflation rate; China balance of trade; Delta ( earnings; Powell testifies in the Senate )
Friday — US producer prices