Portugal Consumer Price Index (YoY) down to 0.4% in December from previous 0.6%

Goldman Sachs Group Inc. Francesco Garzarelli, London-based co-head of fixed-income strategy at the bank, believes that the European Central Bank (ECB) would go for QE expansion rather than slashing rates in future. Mr. Garzarelli also added that the QE may extend well beyond March 2017.