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Europe Week Ahead

Friday, January 20, 2012 - 04:05

Jan. 20 - A look at the key events of next week including the Ecofin meeting, FOMC decision, German 30Y bond auction, UK Q4 GDP and the WEF in Davos.

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That deal convergence of banking official tells Reuters Greece and its private sector creditors and close to a deal. That bus wing cranks and Europe safety agency orders checks on a third of the a three weeks. And rollicking rally runs out of steam equities to talk to GE and Google and a small costs -- of the headlines Friday often and looking ahead to next week's key events now. Here in Europe the main focus Monday and choose they will be eurozone and European Union finance ministers meeting to take stock of the crisis and the measures needed to overcome it. And eighty capital's -- Paulson says the market doesn't want yet another set of while promises. Well the markets would really prefer to see is actionable realism. In other words let's be realistic about what we can do let's send out a plan to achieve it and let's make sure that that he's done. That's a -- the time to grand gestures is long past. In the US President Obama delivers his annual State of the Union Address to congress -- say he's likely to set out its goal ahead of November's presidential election. -- new economic initiatives to create jobs and whose gross. Wednesday the Fed concludes a two day meeting investors looking for any signs -- inclined to undertake more quantitative easing. In the bond markets and -- and peripheral issuance next week -- the first test of how willing banks flush with cheap three year ECB money ought to take up longer dated debt. Germany's thirty year old auction on Wednesday will show just how desperate investors ought to preserve capital. On the economic front flash PMI -- choose to expects to show a slight uptick in both manufacturing and services activity. Britain teetering on the brink of recession though GDP dates on Wednesday expects to share of the economy contracted in Q4. On the Cole performed earnings season continues in the US. Apple reporting Q4 numbers choose say another stellar quarter are expected by analysts. The consumer electronics on this week announced it's jumping into the digital textbooks arena aiming to revitalize the US education market. In world news EU foreign ministers meet Monday there are expected to decide on an oil embargo on Iran. Iran's foreign minister has warned Arab neighbors against aligning themselves too closely with -- west moves to ban crude exports the dispute is fanning fears of two cents. In the wider Middle East War Wednesday marks the first anniversary of the beginning of the revolution in Egypt a series of mass protests ultimately toppled the regime. The President Hosni Mubarak new protests have been cold for Wednesday by pro democracy activists who accused the ministry of trying to hang on to power. The -- film industry -- focused on choose say when the nominations about 84 annual Oscars are announced. Meanwhile the Sundance Film Festival continues and you -- market says. And Hollywood elite descend on the small ski town Park City for Robert -- annual independent film showcase. Secret that were. Times are dark and and a grim. And in addition to that we're we're suffering from a government that some paralysis. And so that's just it makes it all pretty grim time but. I think the happy thing that we're pretty proud of -- that here. For this week we're gonna see work. From artists that even though that their work might be reflective. Of these hard times. There's still. There's not paralysis here. Finally from one ski resort sending to a novel the world economic forum's annual gathering in the Swiss town of -- -- next week. German Chancellor Angela Merkel headlines on Wednesday highlighting the focus on Europe's debt crisis. Join our live coverage on Reuters -- -- Reuters dot com and our YouTube channel all through the week. -- -- -- -- --

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Europe Week Ahead

Friday, January 20, 2012 - 04:05