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Europe Day Ahead: Britain's inflation headache

Tuesday, February 12, 2013 - 02:20

Feb. 12 - The BoE is expected to say higher inflation is here to stay as sterling declines against the euro and the dollar. We'll gauge the worldwide reaction to Barack Obama's State of the Union address.

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His dollar had to Wednesday's key political and financial events of the Bank of England's quarterly inflation report likely to predict the prolonged period upon inflation. Last week policymakers said it could take two years for CPI to full below the 2% target. They said that have that was due in parts of the decline in stunning question for investors. Will car inflation be a ball to -- the stimulus. I think he's -- Unlikely in my opinion that the Bank of England. We'll be looking to do any further asset purchases between now. -- when not colony comes in -- -- I think they can look further of the funding for lending scheme and trying to place in the boost the economy that life. Sweden's Central Bank decides on right so Reuters poll predicts a quarter point cut to three quarters of one cents. Finance tennis analyst Paul has said Riggs bank policy is underpinning the crown. And preventing a recovery in Scandinavia is -- economy ahead of Friday's G-20 markets will be keeping a -- on FX market movements. After the G-7 appeared to backtracking early on its statements regarding the yen. France's second largest banks so -- is likely to report hefty loss on write downs and -- jump in bad -- -- -- -- would bail us out also expected to reveal the name of the bank's new chief financial officer. Al goings yes I bet com about -- was -- criticized last month. For disclosing an effective profit warning at a private dinner for analysts Dutch bank ING reports Q4 earnings expect more flesh on restructuring plans. As the bank retreats from its overseas mark result of the sale of ING direct in the UK and Canada. You can watch -- line when we yes beats or CFO Patrick Flynn at 745. GMT. On Wednesday. Record in Kaiser reports end -- year results analysts predict the owner of Citibank in your friend will say like for like sales grew more than 4%. Fueled by strong sales in emerging markets since October wreckage shares -- outperformed the -- by some 9%. Kind of forget will have the reactions around the world including here in Europe to Barack Obama's State of the Union Address to congress. That's on Reuters today at 8 o'clock tomorrow morning. That's all -- -- to -- saint -- -- this is process.

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Europe Day Ahead: Britain's inflation headache

Tuesday, February 12, 2013 - 02:20

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