Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Europe Day Ahead: EU Summit, ECB & BoE, Carney testifies

Wednesday, February 06, 2013 - 02:40

Feb. 6 - EU leaders meet to try and hammer out the bloc’s long-term budget for 2014 to 2020. ECB and the BoE meet but no shift in policy is expected. Incoming BoE governor Mark Carney testifies.

▲ Hide Transcript

View Transcript

This is -- look ahead to Thursday's key political and financial events. The EU summit gets going in Brussels where leaders will try to hammer out of the blocks long term budget for 2014 to 20/20. Talks in November and it without a deal on the planned expenditure with any one trillion euros. The Greg Johnston from Somerset capital management says it's likely we'll see progress but since I'm past could come with a hefty price -- if national governments if -- -- -- if that cannot be unanimity with the budget deal. Then you go to come back to default of the budget which has the highest level. -- of spending that we had in 2013 search result and quite substantial increase in the budget. But also back on Central Bank watch both the ECB and Bank of England hold policy meetings not this -- moving on benchmark interest rates or stimulus measures. But trade is on the lookout for any comments from ECB president Mario Draghi on the Europe. Here in the UK the attention will center on incoming -- we chief Malkani he testifies to a parliamentary committee at 945 GMT. He's seen as a new broom we'll look at alternative policy options and has already suggested targeting nominal economic growth rather than inflation. Plenty of data from the UK on Thursday to industrial and manufacturing output figure is expected to showed gains in December from the previous month. Itself to UK construction PMI in January saw a modest expansion. In Germany December industrial output data for the month of December is expected to stagnate. Well data in France may show the country's trade deficit continue to narrow in December. In the debt markets Spain auctions paper due in 20152018. And 20/20 nine let's France sells up to eight billion euros nuts. On the earnings front the French drugmaker Sanofi expected to -- February the seventh that profits decline between twelve and 15% last year. As the company pulled the brunt of generic competition for its former top -- selling products. We'll also have earnings from time left. Analysts expect the German automaker to say fourth quarter operating profit fell nearly 24%. And we'll speak to the company's chief executive Dieter Zetsche following the news conference you can catch that -- just before eleven GMT on demands on Reuters dot com. Fourth quarter earnings also cheer from Credit Suisse ArcelorMittal. And fun. Well that's our look ahead to Thursday the depth guys we'll be streaming and coming Bank of England governor mom Connie testimony live on inside I'm going to dot com. I asked about 945 GMT. I'm not a Stephenson this is for us.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Europe Day Ahead: EU Summit, ECB & BoE, Carney testifies

Wednesday, February 06, 2013 - 02:40

Editors' Picks »

Most Popular »

Oddly Enough »

Pillow fight record smashed Pillow fight record smashed

Wed, 01 Oct, 2014 - (0:58)

Never too old to fly a hot-air balloon Never too old to fly a hot-air balloon

Tue, 30 Sep, 2014 - (0:51)

Never too old to fly a hot-air balloon Never too old to fly a hot-air balloon

Tue, 30 Sep, 2014 - (0:51)

Brazilian artist grows bamboo to make instruments Brazilian artist grows bamboo to make...

Tue, 30 Sep, 2014 - (1:12)

Dogs hang ten Dogs hang ten

Tue, 30 Sep, 2014 - (0:28)

In the ink at the London Tattoo Convention In the ink at the London Tattoo Convention

Mon, 29 Sep, 2014 - (1:01)

Gromit to go in Hong Kong Gromit to go in Hong Kong

Mon, 29 Sep, 2014 - (1:15)

Rare white waterbuck calf at San Diego Zoo Rare white waterbuck calf at San Diego Zoo

Mon, 29 Sep, 2014 - (0:38)

Weekly animal round up Weekly animal round up

Sun, 28 Sep, 2014 - (1:07)

Japanese company unveils robot cheerleaders Japanese company unveils robot cheerleaders

Thu, 25 Sep, 2014 - (1:09)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)