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Europe Day Ahead: Euro zone tempted to count its chickens

Thursday, December 13, 2012 - 01:58

Dec. 13 - Fresh Greek aid, successful bond sales, and a big step towards banking union – Europe celebrates, but ministers are making a mistake if they think it’s time to relax, says Macquarie’s Dan McCormack.

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But didn't he says that Europe has some good news -- -- dismisses agree a deal on banking regulation. Greece gets a fresh bailout is an -- in Spain -- bump into Amman and you bonds. But it's not enough to lift stocks as investors suspect is in Washington in -- Tennessee striking a deal Monday. Tomorrow is -- day two of the eurozone leaders meeting in Brussels toppled the agenda is how to read for only euros and to make it more durable. I grammatical adopting some major hits that big changes may have to wait until the -- on an election next year. Even on David Cameron to markets waiting to see the British prime minister will again find himself any minority of one. Told you forever European progress today analysts say -- was really changed especially with regards to Greeks. It's just suddenly caused some more time and really there is -- -- easy solution for Greece here so our audit I have to do more debt write downs pool. I leave the -- and I think the former is much more likely than not accept. But certainly no easy fix. Europe's new optimism might even some might tomorrow as they sent the prison and is expected to see flash PMI numbers higher across the boards economists polled by -- expect Johnny to see sadness this index. We gain in the key fifty points to level the Arizona as a whole also has a -- together for hitting that level however -- Here's an inflation also do you rounds with the annual rate full cost to hold at 2.2. Percent. Keep an eye out frank that tomorrow as well ECB vice president's official response yet. Do you unveiled the bank's financial stability review is looking to see peace and abolished and the Bundesbank. Not -- the German Central Bank said the risks to the Gemini financial system. When NATO than they went in Austria that's all from us for now but joined voices everyday at this time I look ahead. And the story is set to new markets I'm Angie and long Sundays is what is.

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Europe Day Ahead: Euro zone tempted to count its chickens

Thursday, December 13, 2012 - 01:58