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Europe Week Ahead: Time for Details on EU summit

Friday, July 06, 2012 - 02:53

July 6 - A look at the week ahead including Eurogroup in Brussels, Libor scandal testimonies, Fed minutes, China data and Libya elections.

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I look at the we have in now European justice seg but first the headlines Friday afternoon. US hiring stock in -- -- pressure on the Fed and present Obama's chances of reelection. The dog voices concern of the IMF chief says the global economic outlook is even more worrying. And galaxy palace thousands of rental profit from the South Korean tech John switching over the bonds from Europe's. Looking ahead to next week now on his starts with a bang -- be present married drag you give lengthy testimony of the European Parliament Monday to explain the bank's policy -- -- Euro zone finance ministers meet in Brussels to try and put flesh on the EU summit agreement last week. Plenty to sort out a little prospect it'll be done but markets looking for currency on bank recapitalization. On bond market intervention. The libel fixing story rumbles on Bank of England deputy governor -- Taka and -- he's chairman of markets adds HUS -- a prayer before parliament's treasury select committee next week. To answer questions about the scandal Tucker requested the hearing as soon as possible to clarify his position off to -- he's published. An internal memos from -- dumb and referring to a telephone conversation with him. Back in 2000 -- Financial results in the -- -- all the more open as an ally of a scandal at JPMorgan earnings of the tail end of the week will shed some lines on. How much profit investment banks -- managing to make short selling interest in not. European banking shares his relatively low despite the scandal but any sign of costly lawsuits or politicians weighing in -- could see that change. Now let the ECB. Bank of England and China hold delivered monetary easing minutes from the -- lost policy meeting will be closely watched for clues on whether we'll get any yet QE3. Anytime soon. Big days a week as well in China numbers out Monday expected to show the rate of inflation falling back to 2.3 percent from 3% in May. Export data choose -- full cost to show -- steep drop to nine point 9%. From fifteen point 3% a year earlier. And Q2 GDP data expected to grow bag storage to -- to seven point 6% from eight point one. A year earlier in world news almost a year off to Libyans ousted Moammar Gadhafi that preparing for elections tomorrow. A 200 strong assembly will help -- off to new constitution. The Muslim Brotherhood expected to do well off the Islamist victory. In Egypt. Coming up next week on inside -- Roy is on the road has backed a -- who survived the Indian Ocean tsunami take a taxi challenge to tell us about that ethical Osama footwear business. And we down from -- all the latest commercial aviation news. That's our look ahead to next week do follow us now on twits -- Royces and sign up. And axles hopefully this is its --

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Europe Week Ahead: Time for Details on EU summit

Friday, July 06, 2012 - 02:53