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Europe Day Ahead: 4 weeks and counting...stocks on a roll

Thursday, May 16, 2013 - 02:55

May 16 - Will gold’s losing streak continue? Economies gloomy but markets buoyant & Italian PM, Enrico Letta’s biggest challenge yet.

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On Friday European stock markets look to post a third straight week of gains having risen to find your hide and live this week. On the -- fronts the spotlight tonnes to eight. More widely known simply as mouse as the world's largest container ship operator and their form a good barometer of world trade. It's expected to report a theft it percent fall in quarterly net profit to 726. Million dollars. So the disconnect between you don't gloomy economy is on Boeing's stock markets looks set to continue so says Michael Hewson senior market analyst at CMC markets. The growth figures that we still own planes dyke who -- to say the least the unemployment thank these grim. Yet here we all equity market stacks all time highs. Tax -- on Italian markets Spanish markets a rule rallying I would suggest that might be the is getting a bit thin. With respect to the tax. But the -- color on the can be -- it's a value that. There assembly -- event is in Italy and spying for you really have to be nimble and really identify the -- companies. And because let's face it has forced me to challenge -- Italian prime minister on Friday when he takes on to these hugely unpopular opposing tax. Scrapping the tax would cost eight billion euros cash it's we can afford to spare as it struggles to -- -- that Argus. Gold bugs watched anxiously to see whether the metals longest losing streak in over four years will continue into Friday. Seems Steve Marcus Michael -- says some investors are still trying to buy the -- but not looks increasingly like a losing bet. The goal is still about Fred type pretty asset purchases. The offending other levels of inflation. There are other assets out there that can give you a better return and I think that's why we're seeing -- subtle thing go that we've been saying. The cut down on corporate tax avoidance continues tomorrow as the G-20 and we see. Meet to discuss a joint strategy to combat shipping off profits too little tax jurisdictions. This comes a day after seeing if they go to Google testified before UK law -- on whether the search engine giant had been economical with the truth. Over its tax policies. Nigeria's military offensive continues as troops moving to tackle that Islamist insurgency -- cool -- and the north of the country. President good luck Jonathan declared a state of emergency in feed off these border states on cheers they that a series of deadly attacks by the militants. Not so look ahead to -- don't forget to watch tomorrow's special news maker with Liberia's president Ellen Johnson so week. On the agenda on the farm food security and energy production -- exclusive coming here from Washington DC tomorrow. I'm Jamie we gave up the support -- it.

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Europe Day Ahead: 4 weeks and counting...stocks on a roll

Thursday, May 16, 2013 - 02:55