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Investors' attention on Tuesday will be firmly on a vote in the US House of Representatives on the Biden administration's $1. 9trn fiscal stimulus package, which has already been approved in the Senate.
The focus in financial markets on Thursday will be on any policy-relevant remarks out of US Federal Reserve chief, Jerome Powell, at an event hosted by the Wall Street Journal, starting from 1700 GMT.
Financial markets' focus in the middle of the week will be on global services sector activity with survey results due out in all the main geographical areas.
Financial markets' focus will shift towards this side of the Pond on Thursday as two top European Central Bank officials take to the podium against a backdrop of rising government bond yields.
The flow of economic data is scheduled to slow in the middle of the week with the spotlight expected to fall on a final reading for German gross domestic product in the last three months of 2020.
The focus on Tuesday will be on the UK employment report for December which is expected to show only a moderate increase in the rate of unemployment for the three months to year-end.
The market spotlight at the end of the week will be on a raft of survey results out of Europe and the US which are expected a slight improvement on this side of the Pond but a dip in activity Stateside.
Financial markets' attention on Wednesday will be squarely on a raft of tier one economic reports due out in the US which will help them to take stock of how that economy is faring.
The economic calendar on Thursday will be exceedingly light with a reading on weekly US unemployment claims the only event that might easily move markets.
Financial markets' focus in the middle of the week will shift to readings for consumer price inflation from around the world and speeches from the heads of several of the world's main central banks.
All eyes will be on the Bank of England on Thursday as it tackles the question of whether or not taking Bank Rate into negative territory is an option that should and can be implemented.
