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The CSI 300 is up 4%, and the Hang Seng is nearing that level as well, as China's central bank unleashed a blitz of policy support for the economy.

If last week was about central banks' actions, then this week will be about central bank speeches. First up, we have Atlanta Fed President Raphael Bostic, followed by Chicago Fed President Austan Goolsbee.

Stock futures in Europe and the US fell overnight (Eurostoxx 50 futures down 0.4%, S&P 500 futures down 0.2%), while Asian equities advanced.