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U.S. Week Ahead: Fed Chair Bernanke to tackle housing woes

Friday, February 03, 2012 - 02:41

Feb. 3 - Reuters Correspondent Pedro Da Costa says Fed Chair Ben Bernanke will address his concerns for housing before an industry meeting on Friday.

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Here is your US week ahead we'll find out what the bad things up abolished jobs report when Ben Bernanke makes two appearances. Tuesday he's testifying before a senate panel on the economic outlook and the federal budget. Friday he's -- you know home builders' show -- correspondent patriotic Costas says watch out for any mention of more stimulus. The brick factory speaking before housing industry forum suggest that the Fed Chairman is very concerned about the sector. And that if they were to embark on a third round of monetary easing. They would very likely favor mortgages still given the better than expected jobs numbers for January the prospects for QE3 appeared to have -- Now and it is more insight into the -- -- Central Bank officials take to the podium. My daisies speeches from Saint Louis president James blurred and Dallas president Richard Fisher. There are also two Douglas voting members talking John Williams on Wednesday and then again also on Friday. It just -- news corps balance sheet when it reports on Wednesday after the close. The immediate -- -- the earnings rise at 34 cents a share for the second quarter that's likely to be written by its cable networks division. Reuters correspondent. -- out how to go okay says attention will be on who must succeed chief executive Rupert Murdoch. Investors refocused on Chase Carey the number two -- musical whether he's gonna take on excuses for him to load up the founder of the company. In recent weeks there have been a number of management shake -- that manages leaving the company. And they announced just this week that's Cuomo Bloomberg expected the next clinic will take over as chief executive Doug Jones publisher of the Wall Street job. And there are more earnings reports that could move markets on the radar Walt Disney and Coca-Cola on Tuesday on Wednesday as the -- of these -- Moody's and hold them. News no major surprises are expected according to start mine. Let's take the health of the recovery with key data on tap consumer credit is out Tuesday. Wholesale inventories Thursday and international trade and the Reuters University of Michigan sentiment index on Friday. I have -- says expect the index to show a modest increase in confidence. With the preliminary read of 77 in February. And the eurozone debt crisis will be at the forefront of talks between president Barack Obama and Italian prime minister Mario Monti. The two leaders will meet in DC on Thursday. And are set to discuss efforts to turn Europe around not he has recently been asking for more concessions from the EU. Like lower rates to bolster the Italian economy. I've got to show up there this is Reuters Insider.

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U.S. Week Ahead: Fed Chair Bernanke to tackle housing woes

Friday, February 03, 2012 - 02:41