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Europe Day Ahead: Friday

Thursday, February 09, 2012 - 01:25

Feb. 9 - News of a Greek debt deal lifts sentiment, but optimism is tempered after ECB president Mario Draghi says European growth prospects remain uncertain.

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European risk assets had higher off to -- leaders -- -- debt deal but -- of sentiment is capped off so -- be present marriage groggy. -- the European growth prospects remain on sell -- Drug these comments is seen opening the door to another rate cut in -- but he didn't give much away. With regard to the ECB's plans for its Greek debt holdings -- he said he wouldn't comment on the bank's plans. But did confirm a Greek debt deal have been dumb. -- is the big name among tomorrow's corporate earnings and the consensus is for another bomb -- set of numbers. Will Barclays is doing right the most of the others have avoided as they've cut costs in the right places they've reduced their capital expenditures within the investment banking units they still have the -- they can still take on the order flow. But it's not costing them as much. Retail banking wholesale banking all the areas they focused on reducing the cost base. Barclays is incredibly efficient today especially when compared to 45 years ago in fact in many lines of business they're the most efficient bank on the planet. Juvenile for numbers and friend Charles Johnson tall as well analysts looking to see whether. Tough conditions and natural gas markets take advice. Out of its bottom line Germany's latest CPI figures out tomorrow and the number is expected to remain unchanged from December. That is it from us for now but join aside this time every day for look at the trading day ahead of problems is runs.

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Europe Day Ahead: Friday

Thursday, February 09, 2012 - 01:25