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Europe Day Ahead: Red ink, bank blues

Thursday, February 28, 2013 - 01:32

Feb. 28 - After big losses from RBS and Bankia today analysts are on alert for numbers from Lloyds tomorrow. Euro zone PMIs may not offer much cheer either.

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Is -- ahead to Friday's key political and financial events no letup for the banks tomorrow analysts on alert for more reading too often huge losses. From I'll be yes and bank yet today. -- the big name and due to report tomorrow. I was not expecting much from any of the wholly or partly nationalized lender is olive -- securities banking analyst Simon -- Says there's only one choice if you -- and you have to buy British. Today if you're looking for UK bank that was gonna recover up. The stock about one on valuation is probably Barclays because in terms about 24 T know but these these cheaper than the rest. In other sectors sake denial for preliminary numbers from WPP. We'll speak with a chief executive months or 7:50. London time tomorrow morning. Tomorrow's economy dates are unlikely to offer much cheer for the Euro zone's manufacturing PMI is your mouse and even Germany is in full cost to see any improvement on the previous month. -- should see the index hold above the key fifty point level at least. Which is more than can be said for the white Euro -- steady at 47 point eight the full cost that. The unemployment rate for the regionals are expected to rise to the headline rate seen touching eleven point 8%. But things could look a little -- in the UK the manufacturing PMI index that full costing it 51. The mortgage approvals also full cost and -- and that's all ahead to Friday's market moving events IMAX with twelve this is runs.

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Europe Day Ahead: Red ink, bank blues

Thursday, February 28, 2013 - 01:32