Reuters - Video

EDITION: U.S. | U.K. | IN

Business

Europe Day Ahead: Share gains halt, ‘fiscal cliff’ looms

Thursday, Dec 20, 2012 - 02:02

Dec. 20 - European stock gains halt just over a week before the U.S. comes to the edge of its ‘fiscal cliff’. Thousands to gather in Chichen Itza, Mexico ahead of 21.12.2012, when the world may come to an end.

▲ Hide Transcript

View Transcript

Five days to Christmas just overly specific new year I'm not mean it's just over a week before the US comes to the edge of its fiscal cliff. European stocks easing back from their recent highs Tom Elliott global -- just JPMorgan asset management. Says the US will go over the edge of the cliff but the head to the economy won't be the -- 600 billion dollars. Might you might -- fear this is going to be on the ladies side. I was not people pickup. And may may -- we'll see perhaps one half percent to take who GDP come out all the all of government spending. Which is. Decides to take -- -- economy which is perhaps equivalent to about. Hundreds. 8250 billion dollars. Plenty of dates -- on Friday from the UK public sector borrowing figures for November. Numbers from October sort that Britain -- much more than expected -- chancellor George Osborne's effort to cut the deficit. But also get -- has come to count and final third quarter GDP numbers as well as consumer confidence data from both Britain and Germany. On the fund's business morale is expected to continue improving from not that we saw and -- And -- of events Italian prime minister Mario Monti holds a united news conference that syndrome. He seemed calling for his reforms to be continued by what's have a government succeeds him. But many market watchers also expected him to give a signal as to whether or not he intends to run an upcoming election which may take place as -- favorite. And if you didn't already have plans for Friday new age fanatics are converging on a French though it's called the Iraq. And -- hope they'll be saved by aliens taking refuge underneath the mountain time when the vote comes summons on Friday. At least that's what believers and an ancient Mayan calendar think. Over in Mexico up to 200000 people and expects to gather and chipped in -- ahead of dawn on Friday. That's six and a look -- to -- I'm Jamie we gave up this is sort of.

Europe Day Ahead: Share gains halt, ‘fiscal cliff’ looms

Thursday, Dec 20, 2012 - 02:02

Top News »

Most Popular »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)