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Europe Day Ahead: Flash PMIs, earnings from H&M and Hermes

Wednesday, March 20, 2013 - 02:19

Mar. 20 - Investors brace for flash German, French, euro zone PMIs, a Spanish and UK bond auction. Plus, earnings from H&M and Hermes.

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This is a look ahead to Thursday's key political and financial events flash PMI numbers from Germany fronts on the eurozone. We'll give investors a better idea of whether our recovery is in the offing. While those indicators are expected to show some improvement -- there's new Kimberly says that the bigger political and economic picture that really counts and that's not looking all the rules it. -- -- Then the Euro -- probably catch it they'd be you know law. Based on what's happening rents office I don't see going up to follow. Plenty of people looking to sell the Euro on rallies and I wouldn't expect epitomized to change the market's view on the Euro. The end of the -- what's been happening within the Euro zone he's far more important. In transit treat PMI numbers which are based on we saw the debate that purchasing manager go -- -- when he got to the view. Speaking of Cyprus really expected to find out whether the Cypriot government will allow banks to reopen as planned on Thursday ought keep them closed until next week. The country's deputy central by government says no decision has yet been taken. On the debt market Spain's sales to five and ten year bonds while Britain -- since that yet index linked gilts. Also on Thursday we'll get the latest reading on UK public -- of bottling and retail sales. This coming just a day after the budget. -- -- the Office for Budget Responsibility slashed 2015 -- slightly for the UK economy by -- A bleak picture of the French economy is also expected when finds these statistics office releases its latest -- -- outlook on Thursday. On the corporate calendar age and I'm expected to post a pretax profit of 3.3 billion Swedish tons as the fourth quarter. The world's second biggest fashion retailer is struggling with the consumer spending in Europe while bigger rival and attacks has -- to -- but. By responding aggressively in both markets like China. Another brand that's been expanding in China as -- is defenseless be construed. Which support food endings on Thursday has benefited from increasing its exposure to Asia. Not so look ahead to Thursday but be sure to tune into what's at stake for the very latest in financial and world news that's at eight GMT and BBD I'm GBB gave up. The several it's.

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Europe Day Ahead: Flash PMIs, earnings from H&M and Hermes

Wednesday, March 20, 2013 - 02:19