European stocks set for cautious open, with earnings and central banks in focus

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European markets are set for a cautious open as investors assess economic data and corporate earnings and gear up for a big week of central bank meetings.

CNBC Pro: Here are the only 4 global stocks to raised dividends by more than 10% for the past 15 years

Dividend growth is often a key factor for investors seeking stable returns, and four global companies are notable for their consistent — and significant — payout increases. One of the stocks, a multinational food and beverage company, has consistently raised dividends by more than 10% since 1993. Another has seen its share price rise by more than 4,000% in price returns, in addition to its consistent dividend payments.CNBC Pro: Stocks, bonds, commodities or cash? Citi and others reveal how to allocate right now's year-to-date rally nears 20%, some investors have questioned whether stocks could be nearing a tipping point.

So how should investors allocate their portfolios in this environment? Here's what Citi, TS Lombard and the Wells Fargo Investment Institute advise.

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