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Europe Day Ahead: UK Budget, BoE Minutes & Fed meets

Tuesday, March 19, 2013 - 02:38

Mar. 19 - Investors brace for the UK budget, Bank of England minutes and as if that weren’t enough, the FOMC meets on rates this Wednesday.

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His Soledad to Wednesday's key political and financial events Britain unveiled its annual budget at 1230 London time. Growth and how to achieve it will be at a -- George Osborne's fourth budgets. As -- page on -- also seen as the conservative led government lost Charles detect the political scales in its favor up before the 2015 elections. As a result this could be an interesting budgets -- Credit Agricole that a minus. On the budget however that's where do it could be a potential surprise -- -- austerity program in the fiscal consolidation program. Outlawed by the coalition government is pushed back. Or even -- slowed that could be the necessary trigger for another bout of oh offer more prolonged period without any increase in asset purchases. We'll be streaming Osborne's speech in line at 1213 G plus -- short -- into our reaction shoreline from the NAB trading troll an -- off to vast. As if that would dole will also get minutes from the Bank of England's last policy meeting which is expects to show just how close it came to turning on the printing presses again. Very Clarence is probably be on site. And later in the -- the Fed announces its decision on interest rates at 1630 followed by -- briefing by Ben Bernanke at 1815. GMC. On the data front watch out for the latest reading on German producer prices February prices full cost rise two tenths of 1% on top of a game. Of eight tenths of a percent in January. You're on yet prices also expected to show a gain although not a strong. As the previous month. Data from the Euro -- may also showed consumer confidence continues to improve albeit slowly consumer spending accounts for more than half of the Euro zone economy. But with the economic crisis is easing into disposable income households haven't been able to contributes. To the economy recovery the economic recovery very much. And fixing -- Germany -- four billion euros of ten year debt while Portugal sells up to two dollar billion in treasury bills. Plus metro reports details of its full year results. The German retailer has been streamlining its portfolio. And cost -- so investors want to know how that's going. But I did this month match on belt 2012 earnings of almost two billion euros meeting expectations despite its. What it described as numerous significant macroeconomic challenges. That is on the back to Wednesday for the latest financial world has been short -- -- a Reuters today every weekday at eight GMC. I'm -- problems is --

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Europe Day Ahead: UK Budget, BoE Minutes & Fed meets

Tuesday, March 19, 2013 - 02:38