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Europe Week Ahead: Spain bailout eyed

Friday, October 05, 2012 - 02:32

Oct. 5 - Investors continue to wait on news of a Spanish bailout as the IMF-World Bank, ECOFIN and Eurogroup meetings get underway.

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Here's -- -- -- -- financial events coming up next week. The -- continues awaits on news of a Spanish bailout European officials say it may come as soon as this weekend -- Germany has -- Spain should hold -- earlier we spoke with CIBC's. Jeremy stretch. -- him what he thought would happen. I think we know that says the Spanish. Economy's continuing to deteriorates at a relatively alarming rates and I think that's gonna have some fairly significant negative implications. On the government finances. And so I think the in the -- hopes of Spain we have avoided by not -- very low indeed. And I think it's cases but still when rob the -- I think it's of course political considerations or proving that the defining factor. Until Spain shows its hand investors will be closely watching -- auctions throughout the rest of the -- particularly in Germany the Netherlands and Italy. Cross expect the latest reading on industrial output from Germany UK from us and the Euro zone as a whole. The numbers would come off the back of mixed signals from the German Economy initially Europe's biggest economy recovered quicker and it's -- from financial crisis. There are growing signs the recovery is losing steam as the Euro zone crisis hits home. Betty season kicking off -- current choose stay and JPMorgan Chase Friday both reporting Q3 numbers. Let's also make or break time for the plan BA EA yes marriage and negotiate his need to secure a deal by October 10 to create the world's biggest arms group. However talks surrounding the 45 billion dollar merger have been mined by conflicting political interest in Britain France. And Germany shareholders also said to be unhappy with the terms of the deal sort of as a result the deadline. May be extended. By up to two weeks -- closest gas sources close to the deal. Tuesday the IMF World Bank annual meeting starts in Tokyo west finance and economic chiefs will take stock of international economic governments. Meanwhile the anchor of fans and European finance ministers meet in Luxembourg. And on Thursday G-7 finance ministers meeting in Tokyo seen discussing exchange rate developments. Among the excuse interviews who brought his next week former ECB chief -- Croat trichet X Belgium Prime Minister Guy Verhofstadt. And Alastair Campbell Tony Blair's former spin to opt -- but lost him if he thinks Europe's leaders a convincing an office in communication. They need to stay in the year. That's all that we get an outlet during the weekend. --

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Europe Week Ahead: Spain bailout eyed

Friday, October 05, 2012 - 02:32