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Europe Day Ahead: Mood darkens in Portugal

Tuesday, 13 Nov, 2012 - 01:56

Nov. 13 - Portugal braces for protests as austerity deepens, while the Bank of England inflation report will be scanned for clues to QE.

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-- and assets get that sinking feeling as the Greek debt deal is -- off and German data comes in west and expected. Shares down for a fifth day and the Euro -- -- two month lows. Media reports that Germany wants to number three Greek payments into one Jumbo pay -- provides only brief press -- We'll focus of eurozone debt worries tends to Lisbon tomorrow at the Portuguese government you to unveil a new series of tax hikes amid increasing public anger. -- -- facing a general strike from tomorrow and analysts are watching for any signs that the government is losing its net own austerity. Tomorrow's inflation report from the Bank of England even more closely -- than usual after today's higher than expected CPI numbers. The mix of weak growth and stubborn inflation means the bank faces a tough decision whether to do more quantitative easing. Tomorrow's jobs numbers may further muddy the waters the full cost it's been no change for the UK's relatively robust employment figures remain an enigma. Given the weak performance on growth we talked to employment minister mark -- at 1050 London time. Eurozone industrial production the other -- to watch out for tomorrow. Not much optimism in the air off to today is it worse than expected -- W index figures out of Gemini. Economists polled by Reuters Stephen downton worsening in September the -- Kostis for a decline of one point 9% all the month. Not too many big names jobs to report tomorrow but watch out for earnings from on WEB week and the saints Brees. Britain's number three supermarket may shrug off the economic downturn often takes round last week showed it gaining market shed. We'll be talking to things we CFO John Rogers at 745. Mountain time. But so from us and -- joined Rogers every day at this time for look ahead to the story set to move markets. I'm Nigel Stephenson this this sources.

Europe Day Ahead: Mood darkens in Portugal

Tuesday, 13 Nov, 2012 - 01:56

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