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Europe Day Ahead: Spain's Rajoy meets regional leaders

Monday, October 01, 2012 - 01:55

Oct. 1 - After meeting EU Commissioner Olli Rehn, Spain's Prime Minister Mariano Rajoy, faces the country's 17-regional leaders at a time when anti-austerity sentiment across the country is on the rise.

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-- look ahead to cheers thanks coming up but first the headlines -- straws are giving a cautious blessing to the 33 billion dollar bid from Glen -- This on conditions the key managers are retained and Xstrata will maintain -- majority of board members seats in the new entity. Meanwhile the plan he eighty SBA merger hangs in the balance three German sources close to talks. So chances of German French and British governments agreeing to the deal announced smaller than the Chauncey is habit forming a pos. And signs of continued deterioration in the eurozone economy manufacturing shrank again in September. And -- frost this pace of the hold Q3 since the depths of the Great Recession. And unemployment was stock at a record tying eleven point 4% in August. A court today on the data front tomorrow numbers expects to show prices -- factory gates in the Euro -- rising half a percent in August. -- to -- tenths increase in July. On the political from golf to meeting with the EU commission only ran today Spain's prime minister Mariano Rajoy meets with the country's seventeen regional leaders tomorrow. This comes at a politically difficult time for heart talk about secession in Catalonia. And anti austerity sentiment across the country is on the rise -- we lost Credit Agricole was out of Myers when he sort of bailout might -- I still think in the end of the day markets will put a lot of pressure. On sovereigns like spine and of course therefore there will be an official bailout forthcoming. If not today then at least by the middle of the month is out -- Some time before the kind of -- meeting and of course. Head of the Palestinian elections. The -- present not Hamas has cold snap elections as early as November 25. And that's -- look ahead to tomorrow. I have trouble this is smooth.

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