The market spotlight at the end of the week will be on a reading on UK gross domestic product for November and the start of the US earnings season.
US inflation data and Fedspeak will continue to be in the spotlight on Thursday.
Financial markets' focus on Thursday will be on the results of services sector surveys due out in the UK and US covering the month of December.
Wednesday's focus in financial markets will be on the release of consultancy ADP's private sector payrolls report for the month of December with traders likely to be looking for any hint of Omicron's impact on activity towards the end of the month.
All eyes at the end of the week will be on the release of UK retail sales figures for the month of November.
All eyes on Thursday will be on the Bank of England with rate-setters expected to stay put on interest rates given the uncertainty around the impact that the Omicron variant of SARS-CoV-2 may have on the economy.
Financial markets' focus on Wednesday will be squarely on the US central bank's policy decision despite the fact that it will not be announced until after the close of markets in London.
The focus in financial markets on Tuesday will be on the October employment report with investors keen to assess the first full month of data following the end of the government's furlough scheme.
All eyes at the end of the week will be on the latest US consumer price data, which is expected to show that the cost of living is rising as its fastest pace since the early 1980s.
The focus in financial markets on Wednesday will be on Chinese consumer and factory gate price data covering the month of November.
The economic calendar for Wednesday is quite light.
The focus in financial markets on Tuesday will be on the People´s Republic of China where foreign trade figures for November are due out.
The market spotlight on Thursday will be on OPEC+ energy ministers as they meet to decide on whether to move ahead with a 400,000 barrel per day increase in their combined output come January or not.
Financial markets' focus will start to shift towards the US jobs market at the start of the month with the results of a closely-followed survey due out.
The market spotlight on Tuesday was likely to be on testimony from the head of the US Federal Reserve, Jerome Powell, and US Treasury Secretary Janet Yellen, both of whom were due to testify before a Senate panel on the CARES Act Relief programme.
The market spotlight at the end of the week will be on the European Central Bank.
The market spotlight on Wednesday will fall on a barrage of economic data out of the US, including a reading on a key inflation indicator and the minutes of the Federal Reserve´s 2-3 November rate meeting.
Investors will be treated to a raft of survey readings on Tuesday regarding levels of activity in global manufacturing and services during the month of November, courtesy of consultancy IHS Markit.
It will be the UK consumer´s turn in the market spotlight at the end of the week.