Futures tied to the Dow Jones Industrial Average inched up 0.3%. The pan-continental Stoxx Europe 600 is up and down, while the Shanghai Composite Index closed up 0.8%.

In Iran, it seems that Donald Trumps’ bet paid off, whether it was intentional or not is another debate. Ten days after the general Soleimani, Iran’s retaliation has cost no lives, and the Middle Eastern nation seems much less belligerent. And by mistakenly shooting down a civilian plane during the retaliation phase launched against American interests in Iraq, Tehran lost credit both externally and internally. The authorities even had to acknowledge the "unforgivable" nature of the disaster, after denying the obvious for a few hours. Now Iran faces domestic troubles and is turned inwards instead of outwards, at least for now.

Financial news is therefore focusing on the Sino-US trade agreement. As a good master of ceremonies, US Treasury Secretary Steven Mnuchin said yesterday on Fox News that the long process of translating the preliminary document ended without any surprises on the content. The English-language version will be published as soon as the agreement is officially signed, with the planned date still being January 15, since invitations have already been issued for that date by the White House.

Meanwhile, in the U.K., the British pound lost 0.6% against the dollar after In the U.K.. after the FT reported that Gertjan Vlieghe, a policy maker from the Bank of England, indicated that he would  support an interest-rate cut later in the month if there are no signs that the economy is improving.

This week, the annual results of major companies are already in sight. As early as January 14 for the banks J.P. Morgan, Citigroup and Wells Fargo and the airline Delta Air Lines. On the 15th for Bank of America and Goldman Sachs and on the 16th for Bank of New York and CSX Corporation. Finally, Schlumberger and Fastenal will close on the 17th. On the macroeconomic agenda, the United States will also be at the top of the agenda this week with December inflation figures (Tuesday), then producer prices, oil inventories and the publication of the Fed's Beige Book (Wednesday). On Thursday, retail sales and the Philly Fed index will accompany weekly jobless claims. Then on Friday, new construction figures, industrial production and the sacrosanct U.S. Consumer Confidence Index compiled by the University of Michigan will follow.

Few indicators to start the week, except for the monthly British GDP data and the monthly US budget figures.