At 10:30 (GMT+2), January data on business activity indices in the manufacturing and service sectors of Germany will be published. The indicators reflect the state of business activity in the national manufacturing and service industries based on a survey of purchasing and supply managers of leading national enterprises while assessing the attitude of purchasing and supply managers to the current economic situation and prospects for its further development. The manufacturing PMI is expected to rise from 43.3 points to 43.7 points, the service PMI from 49.3 points to 49.5 points, and the composite PMI from 47.4 points to 47.8 points.
