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Europe Day Ahead: Inflation test for ECB bond buying plans

Wednesday, August 15, 2012 - 01:59

Aug. 15 - Euro zone inflation is seen holding above the ECB's target rate as the bank mulls whether to restart bond buying.

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Banks don't perform on a quiet day for equity static shots at the -- for my chest jump. Point 5% after the bank says its steering quick settlement. With the US authorities that -- agreed to pay 340 million dollars just settled its dispute with the new gold regulation. -- sanctions busting Iran transactions. Thursday's economic data centers on the eurozone inflation -- the annual rate of CPI full cost 2.4 percent in July. Unchanged on a month -- still. Above the ECB's target of just under 2% but probably not enough in itself to prevent more economic stimulus by the Central Bank. And -- inflation in the UK should eventually translates. Into a boost for retailers. From now reports some weather keeping shoppers away from the sales. And sales in July and like you to show a month for full of a tenth of 1%. A quiet day for European outings -- insurance the biggest named -- report Georgia ranks has keeper nine. On life insurance results off to a disappointing. Q1. In world news German Chancellor Angela Merkel continues a two day visit to Canada when she meets prime minister Stephen popped up Koppel will be looking for support. For a free trade agreement between Canada and the EU. While Merkel is likely to push for support for the Euro zone crisis. The UN Security Council discussed the fate of its mission in Syria before its mandate expires this weekend. The head of the emergency relief program Valerie de -- heads to eleven on often have visit to Damascus. She held talks on ways to increase aid to civilians court drop in the escalating violence. Syrian security forces clashed with the rebels in the capital Damascus on Wednesday. According to activists and the state media report which said several opposition fighters were killed or arrested. That is old from Aspen mountain and hopefully this is just.

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Europe Day Ahead: Inflation test for ECB bond buying plans

Wednesday, August 15, 2012 - 01:59