In view of analysts at Danske Bank, today, investors ' attention will be focused on the us inflation data for December, but it is unlikely that they will have an impact on the Fed's position on monetary policy
"Inflation may return to the spotlight at a later stage, as the Fed struggles to live up to the 2% inflation mandate when looking at PCE core inflation. We expect CPI core inflation to rise 2.3% y/y in line with consensus. In the US, the NFIB small business optimism index has rebounded and remains high. There has been a divergence in business confidence between small and large companies. This makes sense, as smaller companies have been less exposed to slower global growth and trade war risks. We think the small business optimism index will remain upbeat. In the afternoon, we have a few speeches from Fed and ECB policymakers."