At 10:30 (GMT+2), preliminary data on Manufacturing and Services business activity indices in Germany for January will be released. The indicators are compiled from the enterprises responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. It is expected that the Manufacturing PMI will decrease from 57.4 to 57.0 points, and the Services PMI may decrease from 48.7 to 48.0 points. The implementation of the forecast can put pressure on EUR.
