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Europe Day Ahead: Equities priced for euro zone GDP slide
Monday, August 13, 2012 - 01:40
Aug. 13 - Tomorrow's euro zone GDP figures are forecast to show contraction, but analysts expect equities to ride out anything less than a major downside surprise.
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European stocks pause for breath after a four day rally weak data out of Japan and the latest reminder that the economic worries aren't confined to Europe. Well eurozone GDP the big number it's an account for tomorrow and it could be ugly contraction of -- point 2% on the court is the full costs from economists polled by Reuters. Industrial production figures out to the same time also likely to attend negative on the month. Even so Hargreaves drums found head of equities Richard hunter says it will take a major downside surprise to really rattle markets. On the basis of these this is a winning track to -- Providing the figure isn't too much worse than. It should be trading market neutral it will nonetheless once again focus the mind. On the fat and -- -- -- situation is one of them my -- sings holding back markets. But what have live coverage of the eurozone GDP numbers from the -- trading room full with chief economist James shot. Also tomorrow keep an eye out for the latest as a DW index from Germany. The economic sentiment index expected to hold a negative territory on the number for current conditions and she's Lola. About but they have data also brings us UK inflation figure is further moderation is the full cost that. Well tomorrow's earnings Canada brings numbers from companies including Merck -- chief and mask the world's biggest container shipping company closely watched. As a proxy the world trade and it may be a mixed picture. Higher freight rates seen putting shipping back into the black but several -- apps must still expected to be down 37%. As oil market revenues decline. Let's all from us and now I'm Nigel Stephenson and this is license.
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Europe Day Ahead: Equities priced for euro zone GDP slide
Monday, August 13, 2012 - 01:40
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