Danske Bank analysts suggest that the main factor driving markets is news on the US-China trade talks , which has caused rising volatility in markets over the past days due to conflicting signals from the US side.

“Today's data highlight is the final Q3 GDP estimate from the euro area, which will provide more details on the sub-components of the national account. We look out for what drove the 0.2% q/q growth rate in Q3, as signs have increasingly indicated that the strong domestic demand seen so far has started to feel the pinch as well. US initial jobless claims are also on the calendar today”, Danske Bank said.