Today could be relatively quiet as the world financial markets

Today could be relatively quiet as the world financial markets are in a holding pattern ahead of key central bank get-togethers this week. The U.S. Federal reserve will begin a two-day meeting on Tuesday to discuss the potential need for further economic stimulus amid mixed economic data in recent weeks. European Central Bank officials will begin their meeting on Thursday to discuss “whatever it takes” to stabilize the region’s economy. Spanish and Italian bonds eased off record highs of last week after ECB president Mario Draghi’s pep-talk. Investors are predicting central bank intervention will be deployed to bring down sky-high borrowing costs that have pushed some of the region’s economies to the brink of collapse. The positive sentiment across the pond helped U.S. DJIA close above 13,000, on Friday, for the first time since May. The precious metals complex is mixed this morning but remains near Friday’s closing levels.  Have a great day!