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Europe Day Ahead

Thursday, May 03, 2012 - 02:03

May 3 - A look to the close of the European markets and a look ahead to the next day's trading, as well as what to expect from the Asian markets overnight.

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Whatever Lisa European markets Spanish yields come down off for a -- caution policy is relatively smoothly. And the Europe had session -- -- be present Mario dragging conscious hopes for a recount or on the stimulus measures anytime soon. Tomorrow like need to be dominated by the US -- state of April nonfarm payrolls. Expected to rise 170000. But analysts say caution remains the what's what. I days in the -- it is getting to be particularly excited. With respect to -- good date that son -- expecting -- particularly strong grenades. And she claims also has been a little bit disappointed in these last few weeks -- set the market is getting into this release. I would be very cautious ten. Upsides. Surprise of course will be very welcome for everybody in the whole of the world given the economic headwinds particularly coming from the you're saying. But right now I think -- market is hunkering down. Earlier in Europe I will guest services PMI numbers from around the Euro -- no change is the full cost of most countries outside Spain and Italy. But also a horrible round of manufacturing numbers analyst on the lookout for downside surprise. Debbie Paribas are among the big names -- report earnings tomorrow analysts hoping for polls to surprise off to rival soldier and sort unexpected surge in earnings from bond trading. BNP's leading position in Euro denominated fixed income means it should also be sent to benefit numbers also choose from I'll be asked Swiss re. And -- fronds can -- analysts looking to see if the airline is on track to meet targets for 20% boost in productivity. The company also pledging to reduce net debt by more than half by the end of 2014. Tomorrow we're also bring the results of today's mayoral election conservative Boris Johnson generally considered favorites -- retain the job but it can be a close battle. We've -- a contender and former mayor Ken Livingston. That is all from Austin -- join us every day at this time for a preview of the trading day ahead Timex approached this is much.

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Europe Day Ahead

Thursday, May 03, 2012 - 02:03