watch kit showing the updated data from the server

The scenario is.

1) I have already existing iOS app for iPhone device. The application is showing the real time data in dashboard page. The data on Dashboard is updated after every 60 sec by calling the web services from iOS app.

2) I want to develop the apple watch application based on same iPhone app Which will show the dashboard with data updating after every 60 seconds.

How to achieve this. Any suggestions are highly appreciated. Thanks.