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Europe Day Ahead: No let-up for Spain, Greece

Tuesday, July 24, 2012 - 01:56

July 24 - As Spain pays near record yields to sell short-term debt, Greece's prime minister faces crunch talks with European Commission president Jose Manuel Barroso over the country's bailout deal.

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Eurozone debt -- that turned up another notch to Spain -- near record yields to get away an auction of short term debt. Madrid now seeing benchmark five year bond yields pushed higher than longer dated debt has market stress -- No relief for Greece -- them off to today's visit by the troika of international inspect says tomorrow's these European Commission chief. Jose -- -- Barroso arrive in town. The international community under pressure give Greece a bridging loan to give Greece a bridging -- Robin to come up on payments due in August. But any concession may only create new problems even so Deutsche Bank's Asian milling says it'll be difficult for Europe to pull the plug on Greece at this point. If there was a way to. Let things. And are able. In in Greece. Without hurting the rest of the -- then namely the Europeans could could contemplate. And exits I definitely don't think that we have the right configuration right now focus. Germany's latest Heathrow numbers the big data points and -- -- business climates and current conditions by default cost and Lola. As Europe's economic engine shows signs of sponsoring. The effects of the year resin prices also like to show up in tomorrow's earnings numbers timeless scene motoring along I'm nicely is to -- stay strong in Germany and China. -- it'll probably be a different story Persia which is battling heavy exposure to markets in Southern Europe. The company says its burning through cash reserves. At a race of 200 million euros a month or so keep denial for numbers and GlaxoSmithKline and -- Mittal. The world's largest still make a full cost to set the tone for the sector with some some June numbers. That is all from -- saffron now but join us every -- it's not from ahead of what's gonna move markets -- Pro Bowl this is process.

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Europe Day Ahead: No let-up for Spain, Greece

Tuesday, July 24, 2012 - 01:56