The European markets are more likely to develop extra strongly within the vacation dilution commerce

Trump prevented the government from closing late Sunday and extended unemployment benefits to millions of Americans. The signing came days after Trump proposed vetoing the legislation and calling for $ 2,000 in direct payments to Americans instead of $ 600. US stock futures rose slightly on the news.

In Asia, Alibaba's shares in Hong Kong fell more than 8% for the second straight year after Chinese regulators ordered Alibaba's subsidiary Ant Group to revise its business.

Back in Europe, traders will likely respond to the announcement of a Brexit trade deal between the UK and the EU. The agreement, which was sealed after the market closed on December 24th, has to be approved by the UK and EU Parliament this week before December 31st.

– CNBC's Eustance Huang and Yun Li contributed to this article.

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