Asia markets traded mixed on Monday, as traders eye key central bank meetings in the U.S. and Japan due later in the week.
Security threats hanging over Europe are another instance where the Fed and the ECB have to deploy policy instruments in the months ahead.
Bank of Singapore's Richard Jerram says Italian banks are a particularly concern of the EU stress test because of the lack of a clear solution.
The dollar index also hit its highest level since March.
Gold fell as investors cashed in profits following a gain in the previous session.
Asia markets fell on Friday, with Nintendo and McDonald's Holdings losing steam despite the highly popular "Pokemon Go" finally launching in Japan.
Cicero Group's Andrew Naylor says it's still too early to determine the long-term repercussions of Brexit which will play out over the next two years.
Credit Suisse's Bob Parker says Italian banks account for 360 billion to 400 billion euros of the euro zone's 1 trillion euros-worth of non-performing loads.
The ECB showed its maintaining a pragmatic approach and could even consider public intervention, says JPMorgan Asset Management's Nicholas Wilcox.
Industrial bellwether General Electric reports earnings Friday morning, as market focus turns to the Fed.
Rising nationalism is hindering the European Union's efforts to move forward, says UNSW Business School's Fariborz Moshirian.
Gold remained above a three-week low on Thursday, as the dollar and European shares fell.
The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European Central Bank's Draghi downplaying Brexit forecasts.
The ECB left all key interest rates unchanged on Thursday, after the governor of the Bank of Japan ruled out using "helicopter money" in a radio interview.
CNBC's Jim Cramer and David Faber reacts to the European Central Bank leaving rates unchanged.
CNBC's Steve Liesman has the update from Mario Draghi's press conference on interest rates.
Is there still a structural lack of confidence in the European banking sector? European Central Bank president, Mario Draghi tells CNBC what he thinks, with added comment on low growth rates.
European Central Bank president, Mario Draghi talks about how the euro area financial markets have weathered the spike in uncertainty and volatility with encouraging resilience.
European Central Bank president, Mario Draghi weighs in on what needs to be done when it comes to the banking sector, following its market performance post-Brexit.