In the Asian session today expect data for PMI in services from China and statement of Wheeler RBNZ

Important news in the Asian session we have to PMI index for services from China, and the statement of the President of the RBNZ - Wheeler.

At 00:30 of Australia will become clear level of AIG index in the services sector, with projections to maintain levels of 47.5 points, they were reported for the previous period.

At 0200 our attention will focus on New Zealand where the President of the Central Bank will have a statement. At this time will probably see an increase in the volatility of crosses of the New Zealand kiwi.

At 2:01 of the UK expect price index BRC to an annual basis, the outlook is for a slight increase to -1.6% to -1.7%. The data are likely to have limited impact on the market.

At 3:30 of Japan we release is the average income on an annual basis, and analysts expect an increase to 1.6% compared to 0.1% for the previous reporting period. Possible increase of JPY if the data warrant.

At 3:35 of Japan will make clear the level of PMI index in the services sector, as for the previous reporting period, the results showed 51.7 points, and the changes are not expected.

At 3:45 our attention will focus on China, where we will have results for PMI index for services HSBC, as a change from the previous 53.4 points data are not expected. It is possible to enhance the volatility and change in values are likely to see an impact on Asian stock indexes and currencies.

Varchev Finance