Economic & event calendar in Asia Friday, January 2, 2026. Also, opening FX rates.

If you would like to stay in holiday mode again today I’ve good news for you. The vacation mood will carry on for today, Friday, January 2, 2026, with professional activity mainly returning on Monday the 5th.

I thought we might have Rating Dog services PMI from China today, after we got official PMIs and Rating Dog Manufacturing PMI back on Friday:

• China official December 2025 PMIs: Manufacturing 50.1 (exp 49.2) Non-manu 50.2 (exp 49.8)
• China S&P Global/Rating Dog December 2025 Manufacturing PMI 50.1 (expect 49.8, prior 49.9)

But, no, we’ll be waiting until Monday for that. Instead today it’s a couple of minor data points from Australia:

The manufacturing PMI is the ‘final’ for December. We had the, preliminary / flash back in mid-December:

• Australia preliminary December PMI: Manufacturing 52.2 (prior 51.6) services 51.0 (52.8)
• The headline S&P Global Flash Australia Composite PMI Output Index eased to 51.1 in December from 52.6 in November, marking the lowest reading in seven months but remaining above the 50 threshold that separates expansion from contraction. The result extended the current expansionary run to fifteen consecutive months, underscoring ongoing growth across both services and manufacturing.

If you’ve read down this far, here’s a bit more. Some early FX pricing for the session. Its not from New Zealand markets as is usual at this time, NZ is out for a holiday today. It’s the “Day after New Year’s Day” holiday. Smart move, that.

But, what is usual is my standard caveat. Its not Monday, but given the global holiday on Thursday market conditions re thin liquidity are worthy of a caution:

• As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.

Not too much change from late Wednesday.

Whoops, nearly forgot … Happy New Year!

This article was written by Eamonn Sheridan at investinglive.com.