U.S. Inflation Data
The U.S. consumer price index for December is set to be released on Thursday. Economists expect a 5.7% increase in core inflation from the previous year. This data will help to influence the Federal Reserve's decision on their next rate hike.
Corporate Earnings Season Begins
Companies will begin reporting their fourth-quarter earnings this week. Investors will be looking for any signs of a potential economic slowdown and its impact on bottom lines.
The U.K. will release its November GDP figures on Friday. The country is currently facing a historic cost-of-living squeeze and a potential lengthy recession.
Germany will publish their annual GDP growth estimate on Friday, along with the Eurozone's industrial production and trade data. Market watchers will be looking for any signs of a trade deficit reduction.
Japan will release its inflation data for December on Friday. Any signs of easing price pressures could fuel speculation of rate cuts later in the year.