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Europe Day Ahead: Service sector shrinkage

Tuesday, October 02, 2012 - 01:59

Oct. 2 - A look ahead at Wednesday's key financial events including services PMI data, Tesco trading update and the first presidential debate.

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I look ahead to Wednesday coming up a first the headlines right now -- is exclusive Spain's -- a loss for eurozone bailout. But Germany's signals that should hold off that's -- senior European sources. And a plan SBA modes are looking less and less likely to get off the ground. As government and shareholder demands increase EDS chief tremendous says the next ten days. Will be crucial to the -- Looking ahead to tomorrow on the data front -- service PMI numbers from the eurozone Germany France and the UK. Most seen holding the same as last month by economists polled by Reuters -- and seen contracting again. While the UKC and expanding at less than last month retail sales numbers for August also expected from the Euro zone. Sales in the region ended a two month run of gains in July as volumes fell consumers battling with -- rising joblessness wage -- And restricted bank credits comical or front Tesco Britain's biggest retailer expects to show it's fighting back from a shock profit warning. When it releases first half sales early tomorrow morning. On the events from the WTO holds its general council meeting in Geneva the global trade body finally accepted -- into its membership in August off for nineteen year waste. In world news a 27 year old Egyptian computer science graduate stands trial -- suburbs accused of insulting religions. He's suspected of posting the anti Islam film insulting the Prophet Mohamed Spock protests across the world. And it to the death of the American ambassador to Libya. And Mitt Romney will finally go head to head with Barack Obama on -- TV in the first presidential debates ahead of next month's election Romney's looking got to recover. A slight disadvantage in the polls. -- of the current president. That's it check out hornsby with CFTC chairman Gary Gensler who discusses future events -- regulation. -- pro sports.

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Europe Day Ahead: Service sector shrinkage

Tuesday, October 02, 2012 - 01:59