Guide to today’s important data and events

Not many economic dockets scheduled for today, most with low to medium risks associated.

Data released so far 

• China - MNI business indicator dropped to 49.9 from 52.3 for January.

• Japan - Nikkei manufacturing PMI declined to 50.2 for February, from 52.3 in January.

Upcoming 

• France - Markit services and manufacturing PMI will be released at 8:00 GMT.

• Switzerland - Producer and import prices will be released at 8:15 GMT.

• Germany - Market services and manufacturing PMI will be released at 8:30 GMT. Bundesbank will release its monthly report today.

• Italy - Consumer price index for January will be released at 9:00 GMT.

• Euro Zone - Manufacturing and services PMI will be released at 9:00 GMT.

• UK - Conference board Industrial trade survey will be released at 11:00 GMT.

• Greece - Current account for December will be released at 10:00 GMT.

• India - RBI will announce FX reserve details at 11:30 GMT.

• Euro Zone -European leaders will continue their two day meeting to discuss Britain's demand of EU and migrant crisis. Flash reading over consumer confidence will be released at 15:00 GMT.

• US - Chicago FED national activity index will be released at 13:30 GMT, followed by Markit manufacturing PMI at 14:45 GMT.

• Auctions - US will auction and 3 month and 6 month bills at 16:30 GMT.