Investor attention is now directed towards upcoming U.S. reports on consumer and producer inflation, scheduled for release on Thursday. Analysts predict a slowdown in December price increases.
Adding to the agenda, the unofficial U.S. earnings season kicks off on Friday, featuring reports from major banks, including JPMorgan.
A survey by the Federal Reserve Bank of New York on Monday unveiled consumer expectations of declining inflation, coupled with gradual rises in household income and spending over the coming years.
