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Europe Week Ahead

Friday, March 15, 2013 - 03:26

Mar. 15 - A look to the close of the European markets and a look ahead to next weeks trading, as well as what to expect from the Asian markets on Monday.

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-- Soledad to next week's key political and financial events and it's a Big Five days the UK economy. Wednesday's. Budget day and Charles perhaps for the government to tip the political scales. And it's save -- before 2015 elections the finance minister George Osborne's commitment to austerity gives him little room for maneuver. Reuters FX analyst -- Kimberly says a lack of wiggle room. Will be negative for the pound. I don't expect him to have any ravaged the pull out of the hat fiscally and economically the United Kingdom is still in the makes. All I think next week to studying bears we -- in their poise and tightly controlled the market and the market now he's back to positioned the starting to go about them. On the same as the budget minutes of the Bank of England -- policy meeting show how close it came to turning on the printing presses again this month. -- so unemployment numbers inflation and government barring reports out of the UK next week. European investors will of course be keeping a close on the Fed meeting next week expect -- called bond buying to continue. A Roth of recent data from retail sales and manufacturing to employment -- the economy gathering steam that. But the unemployment rate remains uncomfortably high as seven point 7% down runoff from I -- believes the consumers can. On the -- here is. The US consumer over two thirds of US the moment. It is feeling more confident. On the buckle. Stadium house prices. They feel more comfortable to spend if house prices stopped time out with slightly. We don't anticipate the broom the punch someone a position to fuel and they -- a housing boom. But they are rises that local confidence. If cells improve unemployment comes down. Then that should trigger at some point -- to stop spending. Back here in Europe Franco German summit Francois alone will meet Angela Merkel along with European Commission president -- so in Berlin on Monday. Our loans recent challenge of German driven fiscal austerity leaves markets looking for -- the signals of support for growth friendly policies. On the macro side of things flash PMI is the eurozone Germany and from -- which by Germany's say the W and he felt indexes. The picture so far as that Germany is rebounding from a grim fourth course the throngs and others unknowns. In fixed income Germany comes to the market with full billion euros of ten year bonds on Wednesday Spain holds a scheduled auction of 25 and ten year bonds on Thursday. And -- will auction a medium term -- also wants us to. Finding corporate news Sainz pre post Q4 trading figures investors looking to see whether a strong performance of the supermarkets. On line and convenient shows. -- way price inflation. -- is no catch up with the CFO of Swedish retailer H&M on its Q1 numbers. The retailer posted a bigger than expected fall in underlying sales last month as it struggles to cope with weak consumer spending in Europe. I'm BMW holds its annual news conference in Munich off to vowing to raise its dividend more than 75%. -- week. The German comic beats Q full full cost thanks to surging demand in China and time margins -- we'll speak. With a group sales chief on the outlook on Tuesday. That's -- look ahead -- next week -- Acropolis is so.

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Europe Week Ahead

Friday, March 15, 2013 - 03:26