The main events of the day

Monday, February 5, the day is full of statistics on business activity in the services sector. Also, the market assesses employment data in the US and adjust positions before the new week.

At 03:45 – the index of business activity in the service sector (PMI) of China from Caixin, the previous value is 53.9.

At 10:55 – announcement of the index of business activity in the German services sector, the forecast is 57.0, the previous value is 57.0.

At 11:00 – data on business activity in the euro area:
– Composite index of business activity (PMI) from Markit in the eurozone, the forecast is 58.6, the previous value is 58.6.
– The index of business activity in the services sector in the euro area, the forecast is 57.6, the previous value is 57.6.

At 11:30 – announcement of the index of business activity in the services sector of the UK, the forecast is 54.0, the previous value is 54.2.

At 12:00 – the volume of retail sales in the euro area (m/m), the forecast is -1.0%, the previous value is 1.5%.

At 16:45 – data on business activity in the US:
– Composite index of business activity (PMI) in the USA from Markit, the previous value is 53.8.
– The index of business activity (PMI) in the US services sector, the previous value is 53.3.

At 17:00 – statistics on business activity in the non-manufacturing sector of the US:
– The index of employment in the non-manufacturing sector (ISM) of the United States, the previous value is 56.3.
– The index of business activity in the non-manufacturing sector (PMI) of the USA from ISM, the forecast is 56.3, the previous value is 56.0.

Hanzenko Anton