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Europe Day Ahead

Thursday, April 26, 2012 - 02:01

April 26 - A look ahead to Friday's key events including Italy's bond auction, U.S. GDP and company results from WPP, BASF and Daimler.

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Headlines this afternoon Europe's top banks -- a bronze sometime that profit down 24%. As your president troubles and regulation create a tough backdrop Barclays and Deutsche ever -- a strong bounce back and investment banking. US labor market growth fizzles new jobless claims fell slightly last week but the four week average is at its highest since early January. I'm Charles Taylor is convicted the former liberian president becomes the first head of state. To be found guilty Brian international tribunals since the Nuremberg Nazi trials. Looking ahead to Friday now Italy in the spotlight again as that it -- auctions around six billion euros of government debt. Bond yields falling today off to ECB president dry -- cold on eurozone states to pursue structural reforms to generate growth. US GDP data will be very closely watched here in Europe a slight slowdown is full cost by economists. For spending and waters and a range of other goods likely to have kept the economy pointer of the I'm usually mild wind sent. Standard -- European economist Thomas -- that says he's much less optimistic. That we rethink some quite negative news crew out of the US peace and he's -- on -- on the maple market prompt. So we think that we we should be very cautious about the US economy. Another big Data Co. earnings tomorrow WPP among those reporting the world's largest ad agency has made a roster of acquisitions in the past couple of months. Will be soaking with the CMS a month -- life on its side tomorrow morning. Out of Germany will get numbers and BASF the world's largest chemicals maker expects its report Q1 profit falling fifteen point 2%. And I -- the ought to make a full cost to report a 5% drop in first quarter profit. As the weakest sales makes offsets a rise in sales volumes. Terry -- -- narron son -- -- some of the other big names also releasing earnings that is all of a Friday it. -- -- this is crisis that.

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Europe Day Ahead

Thursday, April 26, 2012 - 02:01