Reuters - Video

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

Top News

Europe Day Ahead: EU Summit, ECB & BoE, Carney testifies

Wednesday, Feb 06, 2013 - 02:40

Feb. 6 - EU leaders meet to try and hammer out the bloc’s long-term budget for 2014 to 2020. ECB and the BoE meet but no shift in policy is expected. Incoming BoE governor Mark Carney testifies.

▲ Hide Transcript

View Transcript

This is -- look ahead to Thursday's key political and financial events. The EU summit gets going in Brussels where leaders will try to hammer out of the blocks long term budget for 2014 to 20/20. Talks in November and it without a deal on the planned expenditure with any one trillion euros. The Greg Johnston from Somerset capital management says it's likely we'll see progress but since I'm past could come with a hefty price -- if national governments if -- -- -- if that cannot be unanimity with the budget deal. Then you go to come back to default of the budget which has the highest level. -- of spending that we had in 2013 search result and quite substantial increase in the budget. But also back on Central Bank watch both the ECB and Bank of England hold policy meetings not this -- moving on benchmark interest rates or stimulus measures. But trade is on the lookout for any comments from ECB president Mario Draghi on the Europe. Here in the UK the attention will center on incoming -- we chief Malkani he testifies to a parliamentary committee at 945 GMT. He's seen as a new broom we'll look at alternative policy options and has already suggested targeting nominal economic growth rather than inflation. Plenty of data from the UK on Thursday to industrial and manufacturing output figure is expected to showed gains in December from the previous month. Itself to UK construction PMI in January saw a modest expansion. In Germany December industrial output data for the month of December is expected to stagnate. Well data in France may show the country's trade deficit continue to narrow in December. In the debt markets Spain auctions paper due in 20152018. And 20/20 nine let's France sells up to eight billion euros nuts. On the earnings front the French drugmaker Sanofi expected to -- February the seventh that profits decline between twelve and 15% last year. As the company pulled the brunt of generic competition for its former top -- selling products. We'll also have earnings from time left. Analysts expect the German automaker to say fourth quarter operating profit fell nearly 24%. And we'll speak to the company's chief executive Dieter Zetsche following the news conference you can catch that -- just before eleven GMT on demands on Reuters dot com. Fourth quarter earnings also cheer from Credit Suisse ArcelorMittal. And fun. Well that's our look ahead to Thursday the depth guys we'll be streaming and coming Bank of England governor mom Connie testimony live on inside I'm going to dot com. I asked about 945 GMT. I'm not a Stephenson this is for us.

Europe Day Ahead: EU Summit, ECB & BoE, Carney testifies

Wednesday, Feb 06, 2013 - 02:40

Most Popular »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

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 »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

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

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

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)