Guide to today’s important data and events

Lot of economic dockets be released today and some with high risks associated.

Data released so far 

• Australia - RBA commodity index is down -25.8% in January from a year ago.

• Japan - Vehicle sales rose 0.2% in January, while Nikkei manufacturing PMI dropped marginally to 52.3 from 52.4.

• China - NBS manufacturing PMI dropped to 49.4 in January from 49.7 in December. Non-manufacturing PMI contracted to 53.5 from 54.4. Caixin manufacturing PMI improved to 48.4 in January from 48.2 in December.

Upcoming 

• Spain - Markit manufacturing PMI will be released at 8:15 GMT. Prior 53, expected 52.4.
   
• Switzerland - SVME PMI will be released at 8:30 GMT. Prior 52.1, expected 51.2
   
• Italy - Markit manufacturing PMI will be released at 8:45 GMT. Prior 55.6, expected 54.9.
   
• France - Markit manufacturing PMI will be released at 8:50 GMT. Prior 50, expected 50.
   
• Germany - Markit manufacturing PMI will be released at 8:55 GMT. Prior 52.1, expected 52.1
   
• Euro Zone - Markit manufacturing PMI will be released at 9:00 GMT. Prior 52.3, expected 52.3. ECB president Mario Draghi is scheduled to speak at 16:00 GMT.
   
• Greece - Markit manufacturing PMI will be released at 9:00 GMT. Prior 50.2.
   
• UK - Markit manufacturing PMI will be released at 9:30 GMT. Prior 51.9, expected 51.8. Details of consumer loans and money supply will be released along
   
• India - Infrastructure output might get announced today.
   
• US - Personal income and spending details will be released at 13:30 GMT, followed by Markit manufacturing PMI 14:45 GMT and ISM manufacturing PMI at 15:00 GMT. FED's Stanley Fischer is scheduled to speak at 18:00 GMT.
   
• Canada - RBC manufacturing PMI will be released at 14:30 GMT.
   
• Auctions - US will auction 3 month and 6 month bills at 16:30 GMT.