After the past couple of weeks of tier-one data releases and central bank announcements, investors will likely welcome a quieter week and hope equity markets become more settled.
While it certainly is a quieter week, consumer price data from the US, UK and Germany all have the capacity to spook inflation-cautious investors, gross domestic product (GDP) data from Japan, Germany and the eurozone could provide a lift.
US consumer price index (CPI)
While CPI isn't the measure of inflation used by the Federal Reserve in its monetary policy machinations, this data release takes on added significance due to the fears of a growing inflationary threat that have crippled equity markets recently.
In December, the annual rate of CPI inflation was 2.1%, dipping from 2.2% in November. Analysts expect the rate to remain at 2.1% in January.
James Knightley at ING says: "Our forecast is for core CPI inflation to average just over 2% this year and around 2.5% in 2019 and the Fed’s preferred personal consumption expenditures (PCE) measure will be even lower.
"Nonetheless, we think the Fed is likely to raise interest rates four times this year."
The CPI reading is published on Wednesday, and expect some weakness from the dollar should inflation dip lower than expectations.
UK consumer price index
Having peaked at 3.1% in November, headline CPI in the UK eased back to an annual rate of 3% in December, and further easing is expected in the months ahead as prices finish adjusting to the impact of sterling weakness following the Brexit vote.
Indeed, month on month in January, headline consumer prices are seen dropping 0.4%, following a 0.4% rise in December.
This is expected to help trim the annual rate of headline inflation even further - down to 2.9% in January.
Sterling's strong start to the year could be undermined if the data presents any reasons for the Bank of England to abandon plans to raise rates in the coming months.
German and eurozone GDP
Germany has been the powerhouse of the eurozone economy in 2017, but the others are catching up.
We already know, through Germany's statistics office that the country's economy grew by 2.2% in the full year 2017, but this rate could still be revised higher after the fourth quarter reading, published on Wednesday.
In the third quarter, GDP stood at 2.3% and the same reading is expected for the fourth.
Eurozone GDP, published later the same day, has been supported all year by Germany's dominant performance and the 2.7% growth rate for the full year is expected to be matched in the fourth quarter.
The data should lend support for the euro and equity investors will be hoping the figures help bring some calm to volatile stock markets.
Best of the rest
Japanese GDP is expected to grow for an eighth-consecutive quarter - its longest period of continuous growth in about 30 years, when official data is published on Wednesday. Industrial production data on Thursday is expected to confirm a strong finish to 2017 for Japan's economy.
Retail sales data from Britain's official statistics office are expected to show 2018 got off to a stronger start than the finish to 2017.
In the US, manufacturing reports from two of the Fed's key industrial regions are expected to show continued strength. Both the NY Empire State manufacturing and the Philadelphia Fed surveys are published on Thursday.
In the US this week, Denny's, PepsiCo and Western Union report on Tuesday, while Groupon and Marathon Oil are on Wednesday and Coca-Cola and Deere & Co report on Friday.
In the UK, Tui Travel and Pendragon report on Tuesday, while Galliford Try and Liberty Global are on Wednesday. Avon reports on Thursday and Segro on Friday.