The Business News Week Ahead

 The first look at January data from China opens the week on Monday with the Caixan manufacturing PMI which is expected to show another month of slowing but still significant strength. The closely watched ISM report will also be posted on Monday, updating manufacturing activity in the US during the month of January and where steady and substantial strength is the call. A stream of first estimates for fourth-quarter GDP will be one of the week's features starting with Italy on Tuesday followed later in the morning by GDP for the entire Eurozone. Other news from the Eurozone will include unemployment on Monday, HICP inflation on Wednesday, and December retail sales on Thursday. Germany will post its retail sales report for December early on Monday and on Friday will update manufacturers' orders which have been surprisingly strong and where retracement would be no surprise. Central bank announcements will also fill the week: the Reserve Bank of Australia on Tuesday with no action expected followed on Thursday by the Bank of England and on Friday by the Reserve Bank of India with new stimulus measures for both outside possibilities. Market-moving news is guaranteed on Friday with US employment amid outside estimates for another month of contraction. Canada will also post its December employment data on Friday in an economy, like the US, where public-facing service jobs have been liquidated en masse.