Reuters - Video

Edition: US | UK | IN | CN | JP

Video

Europe Day Ahead: More Draghi and Carney fallout, and US jobs

Friday, July 05, 2013 - 03:01

July 5 - It could be a rocky ride for European markets as investors digest today's ''forward guidance'' bombshells from the ECB and BoE. And there's the small matter of US non-farm payrolls to contend with too.

▲ Hide Transcript

View Transcript

You're saying just this front and center again next week. What he's trying to -- Patrick house ask whether -- says he can now strike a deal with punishing opponents to a boy -- snap elections. The government's survival still looks off from Saturday. Talks are ongoing and the country's president will have to approve any deal off the tools to both sides on Monday. Any deal will also have to satisfy the country's EU and IMF to lend this -- do you back in Lisbon and inspection and two weeks' time. But it's -- increased to Athens has to present a detailed program of public sector reforms. To EU finance minister by Monday. Told from the programs used to continues through this weekend described as tough. Greek officials already warning that Athens won't meet its targets for public sector reforms. While primus and Thomas on the -- Nate seat you know -- August. -- nation Lebanese. Meanwhile several ECB policy make it take to the south of France this weekend when annual gathering of economists. The meeting comes off this week so the banks making historic pledge to keep rates lay for an extended period. The news surprised EC what is an honest will be looking for any signs of dissent. From hawkish policy -- is such as the Bundesbank's eons vitamin. I think he's engaging in -- weighing your next week to Citibank says markets did know what to expects. I think we're likely to get a pretty similar. Earning season as we had in the last few quarters are you expectations with two behind me moments before the -- -- the reporting season. But the market is undersized doubly good children absorbing about three queen who can't earnings revision in the last few weeks. They've been negative impacts a 61 week trend now. We don't think it's something levels where -- it signals a complete turnaround -- the Marcus points and into it to a large extent. -- bond even basic calendar is next week hit daily dose of debt auctions set to track sentiment in the you're Zain. Judge many settings five billion euros of two year notes on Wednesday. It's really offering medium and long term debt -- mesa with prompts the Netherlands and Belgium -- used to come to market. You -- -- -- quiet week a year Zain -- says just this and takes index an industrial production numbers due. Production seen heading in the wrong direction according to economist -- -- which is the -- -- me at least get less fat. The national level and John and trade and inflation biggest I've seen largely unchanged from last month. And how sign of the year is and watch out for industrial and manufacturing output on this from the UK. But expected to show expansion in the month adding to a slew of positive numbers coming out of London. And that's -- ahead to next week's market -- events I'm acting all of this is what is.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Europe Day Ahead: More Draghi and Carney fallout, and US jobs

Friday, July 05, 2013 - 03:01