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Europe Day Ahead: Bank of England Minutes

Tuesday, July 17, 2012 - 02:29

July 17 - A look at Wednesday's key events, including minutes from the Bank of England, and the second day of Ben Bernanke's testimony to Congress.

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A look at Wednesday's key events but first the headlines this Tuesday afternoon. Goldman Sox beat expectations and the second quotes up with Manning's -- share of a bowl of 78. Has done 12% though from a year and we -- Revenue fell because of a sharp decline in the value of investments. I'm a slowdown in deal making. HSBC has apologized to the US senate's that an investigation claimed the -- was being used along the stuff to money. A report claims suspicious funds from countries including Mexico and setting up a pass through the -- And in -- Bank of England Governor Mervyn King told British lawmakers the first team -- of wrongdoing by Barclays and the Whitewater scandal with just two weeks ago. Can denied that US Treasury Secretary Tim Geithner warns them about the -- as early as 2000 and. -- no stage did he or anyone knew what. Raise any concerns -- the thing that they haven't actually seen a lot of potential wrongdoing. Looking to the day ahead surprisingly lord UK inflation numbers today on the likelihood of continuing labor market weakness to mortal mic points before the biased towards easing from the Bank of England's. The central banks which this policy minutes due tomorrow. Fed Chairman Ben Bernanke continues his testimony on Capitol Hill expects few clues on any further easing there. But there's a raft of economic dates are at this week that could drive the Fed's thinking. Some aliens global strategist at JPMorgan asset management says the buffer for the QB is likely to be set high for some very practical reasons. You've got this huge monster you created. To that so far is denying that there is a risk and it turns my line. So I think that that heads. Some enthusiasm Colin Davies. Hence the preference more recently for the Fed to discontinue national co Operation Twist which does -- she introduce any new money into the system is simply. Selling the short dated. Treasures of the fat burns and using the proceeds to buy a long day to keep his own vision you -- them. After the profits warning from Alcatel Lucent telecoms equipment maker Ericsson reports quarterly earnings the company beat the consensus last time around. And chip equipment maker SNL also reports and things. And tell -- to inject what three billion dollars into a company that is in a -- but a 15% stake. Plus some look ahead to Wednesday follow all -- shows on its what's -- -- -- -- them I'm Jamie you give up the support of.

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Europe Day Ahead: Bank of England Minutes

Tuesday, July 17, 2012 - 02:29