At 10:55 (GMT+2), the January index of business activity in the German services sector will be published, based on a survey of supply managers of non-production enterprises, and their attitude to the current economic situation and prospects for the further development is assessed. It is likely that in January, the index will drop from 49.3 points to 47.6 points, and the composite value – from 47.4 points to 47.1 points, putting pressure on the euro.
