Here are the news events that could influence the financial markets on this Services PMI Monday.
China Services PMI for January opens this agenda at an early 1:45 AM. A stronger than expected rise pushed the index further above the 50 level in the final month of last year.
Then there’s a gap of 7 hours as Euro Area Services PMI run begins at 8:45 with Italian figures. Finalized French data follows with 5 minutes later, then Final German release is scheduled at 5 to 9 and with the final publication of the Euro Zone index at 9 AM.
UK Services PMI data will be published a half an hour later.
Euro Zone Retail Sales stats for December are up next at 10 o’clock. Sales increased in November, but recent months have been volatile.
Greenback traders will be keeping a close eye on the US Non-Manufacturing PMI release for January at 3 PM GMT. Index has retreated after breaching the 60 level in October, but it remains well above the 50 level.
A couple of Australian publications for December are out at a half past midnight, including Retail Sales. They already have had two strong monthly increases ahead of the Holiday season.
Trade balance is the other item out at this time. Trade numbers were disappointing in November as balance showed an unexpected deficit of more than 600 million.
Australian data run and this calendar both are wrapped up by a high importance Reserve Bank of Australia monetary policy statement at 3:30 AM.
I’m ___________ and that’s all for Monday’s Economic Calendar. We’ll be back with an overview for Tuesday, but for now, goodbye.

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