Upcoming S&P 500 Earnings Releases: Before The Bell: PetSmart Important Data Releases: Europe: 4:00AM EST Ifo Institute for Economic Research will release German Ifo Business Climate, which measures the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers. 4:30AM EST European Central Bank will release ECB President Mario Draghi Speaks at the 23rd European Banking Congress "The Future of Europe" organised by Commerzbank AG and Deutsche Bank AG in Frankfurt. Traders usually examine his public engagements for clues regarding future monetary policy. Canada: 8:30AM EST Statistics Canada will release Core CPI m/m, which measures change in the price of goods and services purchased by consumers, excluding the 8 most volatile items, and will also release Core Retail Sales m/m, which measures change in the total value of sales at the retail level, excluding automobiles.