This week seems a promising week for fighting game enthusiasts:
First of all starting on Thursday the 13th at 11:00 CEST a warming-up for the Street Fighter IV fans is the Shiozawa Cup. This tournament (held in Japan) is backed by Capcom, Taito and Enterbrain and will consist of 5 on 5 team battles. 24 teams are going to participate, sign-ups are now full.

The following teams and players have already signed up (list from Shoryuken.com):

Official Site: Shiozawa Cup (written in Japanese)
Video's released: VODs

When done with that the next installment of the the 7th annual Super Battle Opera fighting game tournament will begin (14, 15 and 16th of August).

This year the following games will be hosted:

Final Standings

For a list of attendants for the SBO tournament head over to Shoryuken.com

Unfortunately, there won't be a live stream from the SBO tournament.
It is at this point unclear if there will be a stream for Shiozawa, stay tuned...
Likely no stream for Shiozawa either.

Update 14/08/2009: Added final standings for Shiozawa above.
Update 27/08/2009: Added link to VODs for Shiozawa.