Europe Week Ahead: Italian, Cyprus elections & G20 dominate
Friday, February 15, 2013 - 03:15
Feb. 15 - A major week ahead with Italy and Cyprus elections and the G20 summit. Watch out for key bond auctions from Germany, France, Spain and the UK plus earnings including France Telecom and Credit Agricole.
▲ Hide Transcript
▶ View Transcript
This is a look ahead to next week's key political and financial events a busy stops that we as much as sift through the noise from the G-20 meeting in Moscow. Ball popped up from Credit Suisse asset management says it's unlikely any action will be taken against Japan as it seeks to briefly its economy with a -- again. Instead the pressure on Japan may even cool off. We've overseas seem quite significant move. In the yen against the other -- current system particularly. Against the Korean wall on and that -- yen relationship is very important. So I actually suspect -- good to see this debate about currency wolves. Probably calmed down now as the -- stabilizes. As the Swiss have them achieve their objectives. On Sunday Cyprus goes to the polls to elect a new government hostage negotiate a tricky -- with -- international land those. The front runner as Nicholas on -- -- -- -- he's president of the fight between Democrats and volley party which backs -- Baylor. But the main focus next week will be the Italian elections the following weekend. The center left Democratic Party led by pier -- -- The senate to secure a majority in the lower house but he's on the pressure to -- his leftist allies and seek a pact with a growing trend and Mario Monti a Silvio Berlusconi. Threatens to spoil the party. And a flood of economic dates -- next week top among them will be determined that he W index of investor sentiment on Tuesday and -- on consumer confidence on Wednesday both expected to show an improving picture. We'll also have an interest rate decision from Turkey on Tuesday -- they're expected to stay unchanged at five and a half percent but the Central Bank may cease reserve requirements. On Wednesday we'll get the latest unemployment numbers from the UK. Along with minutes from the last Bank of England policy meeting a big on first -- flush eurozone PMI is the favorite -- plus UK government -- for goes for -- -- and we end the week with another German sentiment index this time. The and the bond markets Germany holds a ten -- adults and on Wednesday and France Spain and the UK all come to market on Thursday. Despite Spain's weak economy that's still managed to shift almost 20% of 2015 funding requirements. Another busy week on the earnings front too with that tells our kicking off the week with fourth quarter numbers done on adults -- also follow suit on Tuesday. Then on Wednesday we'll get quarterly numbers from the European majors including front Telecom. On Credit Agricole the front -- already won this Q4 numbers would be battered by three point eight billion euros in charges Massachusetts L tying acquisitions. On Thursday expect numbers from B eighty systems -- and Swiss re. That we also get numbers from Allianz Europe's biggest insurer has forecast an operating profit of more than nine billion euros for 2012. Despite the impact upon -- Sunday. And to close off the week look at fourth quarter numbers from Air France KLM. Not so look ahead to next week but do you shouldn't have -- just today for the latest financial on the world news that's at eight GMT. Every weekday I'm Jamie media about this and Reuters.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code