Tuesday preview: US ISM and Morrisons trading update in focus
Financial markets' focus on Tuesday will shift towards America's services sector even as investors continue to keep a close and careful eye on the latest developments in the Middle East.
At 1500 GMT, the Institute for Supply Management will release its US services sector Purchasing Managers' Index for December.
Previously, the People's Bank of China is scheduled to publish an update on its foreign exchange reserves for the prior month.
In the euro area meanwhile, consumer price data for December are expected to reveal that core inflation remained steady at up by 1.3% year-on-year in December.
No major economic releases are scheduled in the UK.
On the corporate side of things, the spotlight will be on Morrisons, which is due to release a trading update for the Christmas period.
Tuesday January 07
INTERIM DIVIDEND PAYMENT DATE
Homeserve, TR Property Inv Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Factory Orders (US) (15:00)
ISM Non-Manufacturing (US) (15:00)
Retail Sales (EU) (10:00)
C4X Discovery Holdings , Safestore Holdings
SPECIAL DIVIDEND PAYMENT DATE
Alternative Liquidity Fund Limited
Morrison (Wm) Supermarkets
FINAL DIVIDEND PAYMENT DATE
Town Centre Securities