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Europe Day Ahead: RBS braces for fine

Thursday, August 02, 2012 - 02:07

Aug. 2 - A look ahead to Friday's key events includings earnings from RBS and Allianz. Plus services PMIs and U.S. non-farm payrolls.

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But here's -- look ahead to Friday's key events of fairly quiet end the week off 3 major Central Bank meetings in the past couple days. Results from the Royal Bank of Scotland that will be closely watched. British bank braced for a libel rigging fine according to -- yeah Stephen Hester. New details from court documents and sources close to the scandal suggest RBS was one of three major European banks heavily involved in making rates. Newspaper reports today suggest government ministers have held discussions about a full nationalization of all yes. Top officials apparently exasperated by banks' reluctance to -- But it's understood that talks -- amid a lack of support from the treasury. Other results of note come from items profit at the German -- expected to be up by a fifth nearly one point two billion euros. I'm Dexia to Chinese equity funds reportedly close to buying the stricken Franco Belgian group's asset management -- As part of plans to dismantle its activities. On the economic front is these service sectors tend to get the PMI treatments investors looking for any sign that Europe's economies on team recession or -- that. In the US is nonfarm payrolls they once again job growth likely to have picked up only slightly in July. Not enough to change expectations of more help from the -- to stimulate growth. You -- -- the British prime minister David Cameron will meet his Russian counterpart Dmitry Medvedev on these in London taking in some Olympic events. Efforts to smooth long strained ties will be complicated by deep differences this area. A day seven of the Olympics of course tomorrow British eyes on the road in by capturing Granger had to tell and three still was finally into gold in the women's double -- And about a drug teen GP will battle it out of Australia in the women's -- -- And the men's team -- -- and athletics begins Kenya expected to sweep the gold in the women's 101000 meters. Well I thought it had to product I'm not the students and this is what.

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Europe Day Ahead: RBS braces for fine

Thursday, August 02, 2012 - 02:07