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Europe Week Ahead: When, not if, for ECB rate cut

Friday, November 02, 2012 - 03:03

Nov. 2 - An ECB policy decision looms next week and analysts polled by Reuters say it's inevitable that the bank will cut rates again sooner or later.

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European equities gets a shot and Tom -- US jobs numbers beats expectations. Even -- -- higher in the jobless -- doesn't sound the militant. With Washington saying -- -- episodes in the number of people looking for what can. The 171000. New jobs created last month also giving a final push to Barack Obama ahead of Tuesday's presidential election. But polls still point to a dead heat as we going -- the last weekend of campaigning. -- in Europe policy decisions from the ECB and Bank of England June next week. We acute -- manufacturing data today fueling expectations that the ECB could provide for the stimulus. Most economists polled by bullets does not expect the bank to cut rates to -- -- zero point 5% in the coming months. Look for the Bank of England more finely balanced numbers last week shall do you came -- to growth but most dates -- this week again came -- on the weak side. Also the -- facade a sick to -- on Monday. What is open at least once again bubbling out off the budget figures this week -- the country's debt to GDP ratio heading towards a whopping 190%. Germany still refusing to countenance any kind of debt forgiveness for Athens but some analysts say -- and a half to -- sooner or later. Accused for Greece is still a long hard road to economic recovery but it continue to infuse austerity measures and -- -- and tangible fashion. These continue to work with Detroit kept. Terms of achieving some nice talk it's. But the reality is I'm sure some states I will need some help wrong. The life of bondholders. Is quite frankly it still looks and unsustainable model. -- a summit to watch -- for next -- -- -- -- suit you finance ministers meet at the end of the week to discuss the EU budget. UK prime minister David Cameron and in the spotlight off the promising to veto any increase in spending. Tuesday the big day for d'etat in Europe next week -- of one -- a -- PMI is not expected to get any worse at least. But the same can be said of UK industrial country. Economists expecting those numbers to sink once again in September. The following day what's right for eurozone retail sales this -- turning negative in September. And that's another busy week for -- with the retailers banks and airlines among the sectors to watch being peep out of -- that article both reporting towards the end of the week. The French banks under pressure to shoulder the tackling costs including what -- analysts say a bolted -- netbooks. Earlier in the week the couple numbers from Marks & Spencer that you can't beat Taylor expected to report a big drop in first top sales and earnings. That's likely to ratchet up the price on the company at a time when there's mounting speculation it may face a -- a bit. Also keep an I output numbers from BMW Siemens Miami out on international killings group. Not so from us and I don't have a great against unseen and gave him this avoids.

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Europe Week Ahead: When, not if, for ECB rate cut

Friday, November 02, 2012 - 03:03