This morning's data slate

This morning's data slate

Asian equity markets are relatively flat as there is some caution regarding the US-China Phase 1 deal. Here is what's ahead for the European am session (all times GMT):

0700: German factory orders

0850: French services and composite PMI's

0855: German services and composite PMI's

0900: Eurozone services and composite PMI's

1000: Eurozone retail sales

1200: US Mortgage applications

European service PMI's will be an immediate focus for the Euro this morning and note that we have a large (1.9bln) option expiry at 1.1025 on EURUSD.