The main events of Tuesday!
On Tuesday, February 5, the day is full of statistics on business activity in the services sector in Europe and the USA. At the start of the day, market attention will be focused on data for Australia: the trade balance and the RBA meeting results.
At 02:01 – BRC retail sales (y/y) (January) in the UK will be released, forecast -0.2%, previous value -0.7%.
At 02:30 – Australia data will be released:
– Retail sales (m/m) (December), forecast 0.0%, previous value 0.4%.
– Trade balance (December), forecast 2,250B, previous value 1,925B.
At 05:30 – the RBA meeting results will be published:
– Interest rate decision (Feb), forecast 1.50%, previous value 1.50%.
– RBA rate statement.
At 10:55 – business activity index in the services sector in Germany will be released (Jan), forecast 53.1, previous value 53.1.
At 11:00 – will release data on business activity in the services sector of the eurozone:
– Markit Composite business activity index (PMI) (Jan), forecast 50.7, previous value 50.7.
– Index of business activity in the services sector (January), forecast 50.8, previous value 50.8.
At 11:30 – index of business activity in the services sector (January) in the UK will be published, forecast 51.0, previous value 51.2.
At 12:00 – retail sales (m/m) (December) of the eurozone will be released, forecast -1.5%, previous value 0.6%.
At 15:30 – trade balance of Canada (December), previous value -2.06B.
At 16:45 – US data will be released:
– Markit Composite Business Activity Index (PMI) (Jan), forecast 54.5, previous value 54.5.
– Business activity index (PMI) in the services sector (Jan), the forecast 54.2, the previous value of 54.2.
At 17:00 – publish data on business activity in the United States:
– ISM non-manufacturing employment index (January), the previous value of 56.6.
– ISM non-manufacturing business index (PMI) (January), forecast 57.1, previous 58.0.
At 23:30 – API weekly stocks of crude oil will be released in the United States, previous value 2.098M.
Hanzenko Anton