Across the pond, investors will turn their focus to minutes of the U.S. Federal Reserve's last meeting, due for release later in the day, for cues on where rates are headed in the world’s largest economy.
Traders widely expected the Fed to hold rates unchanged in December, but speculation has started to grow that the U.S. central bank will start cutting interest rates by the summer of 2024.
Additionally, in the corporate sector, earnings are due from artificial intelligence chip leader Nvidia (NASDAQ:NVDA), with expectation of another blockbuster revenue forecast.