This week we could get major news from the ECB. That's the "Fed" of Europe. As you may know, they are now in a QE cycle (What the US did in 08) buying bonds every month. It was scheduled to end.
1) This week they are expected to extend the program beyond its scheduled end point
2) More importantly, markets are anticipating major news on HOW it will continue.
There are many iterations of the rhetoric.... no one really knows. Here is a chart I found online that offers someone else's expectations