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Europe Day Ahead: Relief rally may be shortlived

Wednesday, 02 Jan, 2013 - 02:11

Jan. 2 - A look at Thursday’s key events including the latest German jobless data, UK construction PMI and Next’s Q4 trading report.

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Here's a look ahead to Thursday's key political and financial events. Still fairly quiet as the new years slowly shifts and again the fiscal cliff drama one last thing for investors -- route heading into the end of the week. But the relief could be short lived says cantor index analyst David Buick. This is around the world will be relatively tolerant. And I'm not saying that right it -- ends in the next week but I think it couldn't in the next six weeks. It. We don't see some -- progress made in -- that fiscal debt and that drug policy that which is absolutely. Our country actually unacceptable. After today's business survey showed -- and factory sinking deeper into recession investors looking for further signs of -- -- of the region's economies. German jobless stage -- expected to show you unemployment rate holding steady at six point 9%. Well that the number of people out of work is growing joblessness remains there its lowest level since German reunification. More than twenty years ago. Here in the UK house prices likely to have stagnated again in December about nationwide survey expected to show prices. Unchanged on the month and -- point 9% lower than a year ago. PMI data like you to ship construction activity picking up slightly but still below the fifty mark separating growth from contraction. Investors -- some idea of how the retail sector is fed over the crucial Christmas spirit tomorrow when next release is Q4 trading numbers says in the UK fashion chain. Up some 40% this year -- -- online and catalog businesses helping it avoid the worst of the down -- And fixing WK treasury auctioning one point five shot rather 1% five gig -- tomorrow. And finally in world news -- -- and -- bat will hit the case of a British woman facing the death penalty. -- to being charged with trying to smuggle 63 kilos of heroin out of Pakistan. Soledad the president -- actual problems is --

Europe Day Ahead: Relief rally may be shortlived

Wednesday, 02 Jan, 2013 - 02:11

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