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Europe Day Ahead: Investors eye action on growth

Thursday, August 30, 2012 - 02:34

Aug. 30 - Hopes are fading for another round of quantitative easing from the U.S. Federal Reserve, but ECB President Mario Draghi is set to flesh out his plans for buying bonds.

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Uncertainty of action central banks might take to reignite global growth is weighing on sentiment of the Euro edges ahead. Thanks supportive noises from China. Fed Chairman Ben Bernanke is polishing his words or speech to the great and good -- for financial power while in the US ski resort. Of Jackson Hole groups off fading for another round of Q we've -- Deutsche Bank Stefan Schneider says time. Is running out for the sad if it does want to unleash more stimulus measures. The -- has a ready made clear that it's ready to act. And I guess if you look at the windows of opportunity available BR approaching the election period which is basically. I kind of a black out period -- -- first cut policy I think we can expect something. -- had to happen any time soon. ECB boss Mario -- is also under the -- lines in the runup to next week's policy meeting Draghi has said he'll do whatever it takes to protect the Euro. We'll -- no definite measures have yet been spelled out. He should put some flesh on the bones of his bond buying plan next Thursday and National Australia Bank -- Paulson says market gloom has been overdone. I wouldn't read too much into near term price action for the markets when -- able to reflects. -- what is happening a -- will happen. And they'll likely file path that the ECB's gonna bring to bear on this I think there will still take a lot of comfort. -- around on Friday are expected to show inflation in the Euro zone edging ahead to an annual rate of two and office and in August. Well above the ECB's target of just under 2%. And unemployment also likely to remain stubbornly high with a full cost rates of eleven point 2% in July. Europe's biggest electronics fair -- of the public in the German capital Berlin Samsung is aiming to bounce back conference loss to apple and a bruising patent battle in the US courts. Sampson is counting on its new galaxy notes combining the functions of a tablet. And phone to gain ground over apple in the global markets have what some 200 billion dollars. Before we go make sure you -- you layer breaks lined up Danish toymaker reports interim results Friday. Earlier this year the group launched a new range called Lego friends aimed primarily -- goes. Tiger says sales of being astonishing. It's planning to open new -- Hungary and the Czech Republic I'll be talking with legacy yeah I would -- senate seat. London time tomorrow I'm -- problems is just.

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Europe Day Ahead: Investors eye action on growth

Thursday, August 30, 2012 - 02:34