Weekly Outlook: Feb 5 - Feb 9

Monday

Asia: China’s Caixin services PMI for January is due for release as of 01:45 GMT.

Europe: the German services PMI for January will be available at 08:55 GMT, while the same indicator in the Eurozone is scheduled at 09:00 GMT and half an hour later in the UK. EU retail sales for December are up at 10:00 GMT.

United States: Markit Economics is set to present composite and services PMIs at 14:45 GMT. The Institute for Supply Management will unveil its own non-manufacturing PMI at 15:00 GMT.

Tuesday

Europe: the British Retail Consortium will release its retail sales monitor for January first thing in the morning. Germany’s factory orders for December will be out at 07:00 GMT.

United States: trade balance for December will be out at 13:30 GMT, while JOLTs job openings are due at 15:00 GMT, with 6.038 millions seen.

Wednesday

Europe: Germany’s industrial production for December will be released at 07:00 GMT, with an estimated growth of 1.8 percent. In the UK, the Halifax house price index for January is scheduled for publishing at 08:30 GMT.

Asia: Japan’s current account n.s.a. for December is up at 23:50 GMT.

Thursday

Asia: China’s trade balance for January is expected at 05:00 GMT, with a forecasted reading of $37 billion from a prior $54.69. Imports are seen growing 13 percent, while exports 9.1 percent.

Europe: the German trade balance for December will be unveiled at 07:00 GMT. However, attention will be mainly directed to the Bank of England monetary policy meeting. Policymakers are expected to keep steady the current configuration. The announcement is due at 12:00 GMT.

Friday

Asia: China’s consumer price index for January will be released at 01:30 GMT. Producer price index for January will be out by the same time.

Europe: UK industrial and manufacturing production figures for December are due at 09:00 GMT, along with the latest trade balance.

Fort Financial Services