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U.S. Day Ahead: Draghi must deliver on bond purchases

Wednesday, September 05, 2012 - 02:24

Sep 5 - There could be a serious backlash in the markets if the ECB's Mario Draghi falls short of announcing new policies to help contain the euro zone's ongoing debt crisis.

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Move other big events. Markets funny here it's Super Mario house Tuesday. What investors obsessing about the strength of the US recovery they're sweating over the European debt crisis. And we see some headway when that she and the ECB Mario Draghi holds that crucial news conference in the morning. Front is expected to unveil a plan to buy bonds of troubled countries such as Italy and Spain which is suffering from crippling borrowing costs. The drug is disappointed markets in the past by delivering on promises. If he does and again could be a serious backlash. We could see a massive market selloff we could see the arrow really come tumbling down we could see the dollar. Spike to Ohio levels we could see coal prices come down. And that would mean massive liquidation in the equity markets as well I don't think they wanna risk that. The court for the dominance in the mobile market rumbles on with am not expected to launch a new hapless. The online retail giant is likely unveil at least one version of its seven inch Kindle fire and a new larger tablet. Writers tech reporter Alistair Barr says Amazon CEO Jeff Mason -- -- what some price there devices as low as he can go. The main reason is they wanna get this device in as many people's -- as possible. I'm that will encourage content providers like gain to Bennett doesn't mean she is to provide the content. On this path problem because they know that a lot of people have been abide by the device by the content through the device. Data heads the ADP report out in the morning look at this guidance about Friday's jobs number. I -- as we could see private payrolls rise by 165000. That's just a little over our eyes of -- nonfarm payrolls estimates eighty. But last month predicted and move very close to with the government report. -- from our expert analysis some big market movers you can follow us on Twitter writers and Snyder and we're all over the Democratic Convention with live coverage at 11:30 AM on Reuters dot com. And our Robert wolf interviews Massachusetts Governor Deval Patrick. On the premiere his new show impact players I'm Rhonda schaffler.

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U.S. Day Ahead: Draghi must deliver on bond purchases

Wednesday, September 05, 2012 - 02:24