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Europe Week Ahead

Friday, March 02, 2012 - 01:54

Mar. 2 - Thursday is the big day for Europe next week with the deadline for a decision by private creditors on the Greek bond swap and policy decisions from the ECB and Bank of England.

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You don't signs up just a scope cards intended to prevent future -- places but small box of cleaning up the coming crisis remains to be done. After a quiet spot next week's big action and you have all takes place on Thursday. Past the deadline day for private creditors to sign up jointly responsible -- threatening to call the whole thing off if license 75%. Of investors site up. Brussels will come under huge pressure to you could call a quick plan B if that happens. -- that is over the eurozone mean analysts say export dependent stocks are still the profound sense of Europe. The other parts of the recovery scene which is erratic and financials up partly in response that LT LT RO offering. I I much in his small short term it's a relief rally as financials that some people want to fade. Which have gold box and out less likely to get bus by accident and to -- Thursday also a big day for central banks no rate change expected from the ECB. So focus firmly fixed on president -- -- -- press conference and signs of internal dissent at the bank. But after Bundesbank chief Jens Biden and go to drug a warning that the bank's balance sheet was a breaking point. The -- -- but also due to get its latest policy decision. Steady as she goes is that likely message they are on race and -- me off the last month announcement of extra bond buying. It's a quiet so -- for economic data -- Monday sent us -- PMI numbers depict it's a point to that fought in Europe. The it was -- major economies are seen unchanged but Spain may slight effects -- pointing to an even deeper recession. But the week's main global data point comes on Friday when analysts on both sides of the Atlantic will be watching US nonfarm payrolls. All eyes on the unemployment rate and -- the US the company is shaping up. That's all from -- for knowledge but join us every day at this time but look ahead at the trading days to come on Jamie give them this is north of.

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Europe Week Ahead

Friday, March 02, 2012 - 01:54

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