What's coming up on the economic calendar front today

Howdy, everyone! I hope all of you had a great weekend. Trading in the Asian session was relatively thin, as Japanese markets are closed for today. The dollar sees itself on a firmer footing as we start the week - following last Friday's jobs report but the big winner at the end of last week was the loonie and it continues to be the lead performer today as well.

Anyway, here is what's coming up on the calendar for the European trading session:

0700 GMT - Germany Nov factory orders m/m & y/y

Some economic sentiment into one of the Eurozone's major economies, not really a major data point. But expectation is that factory orders for Nov will improve to 7.8% y/y from the 6.9% prior. The m/m reading tends to be volatile, and in general, so is the overall reading at times.

0815 GMT - Switzerland Dec CPI data

Inflation reading for Switzerland as measured by the Federal Statistical Office. Again, Swiss data points aren't the major focus for the CHF - it's always de facto that the SNB's forecast/view/comments/actions take more precedence than the economic data points. These were the SNB comments from last month's monetary policy meeting.

0830 GMT - UK Dec Halifax house price index

Measures the change in house prices as financed by Halifax Bank of Scotland. A general indicator into the UK housing market. Hardly ever a market mover - but expectations are that the 3m/y is to fall down to 3.3% from 3.9% prior reading. Last month, there was UK data here which also pointed to a decline in house prices for the month of December.

0900 GMT - SNB sight deposits w.e. 5 January

Your weekly check of the deposits kept at the SNB by Swiss banks. This data point used to matter a bit more post-EUR/CHF floor removal, when people were looking for signs of intervention by the SNB - but it hasn't been a key data point since then.

0930 GMT - Eurozone Jan Sentix investor confidence

General economic sentiment towards the Eurozone economy. There was a slight dip in December, but in general the trend shows improving investor sentiment towards the Eurozone. Expected number is 31.3, compared to the 31.1 prior reading.

1000 GMT - Eurozone Dec consumer confidence

1000 GMT - Eurozone Dec economic confidence

1000 GMT - Eurozone Dec industrial & services confidence

1000 GMT - Eurozone Nov retail sales data

Some general consumer sentiment on the Eurozone economy, not really a major data point again - but gives insight on how the people are viewing the economy in Europe. Consumer confidence has been trending upwards since a slight dip in early 2016.

That's all for today! Hope you all have a good day ahead and as always, good luck with your trading.