Positive rating performance trends last week--which the Credit Suisse AG (UBS Group AG) upgrade led in debt-volume terms--precede a busy week on the data front. There will be much to digest. An ECB monetary policy decision (Thursday) will come hot on the heels of the European Commission lowering its growth forecasts for the region this morning. There is also a wealth of economic data to come including U.K. employment statistics (Tuesday), the U.S. CPI release (Wednesday), and a slate of Chinese data on Friday that will include economic and credit activity data.