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Europe Day Ahead: Ungovernable Italy

Tuesday, February 26, 2013 - 02:17

Feb. 26 - Italy’s political gridlock stays centre stage and analysts say don’t bet on any quick deal, but a raft of euro zone data may offer grounds for hope.

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Here's a look ahead to Wednesday's key political and financial events Italy's future is still love very much the question tomorrow off to the general election left the country. Facing political gridlock established parties keen to avoid further elections after the -- -- movement led by comedian dipping -- Topped the poll the -- is that carrot leave Italy facing weeks of negotiations and how to form a new government. -- prospects and Italian borrowing costs soaring today and putting European stocks on the skids. BNP Paribas investment policy I know Billy M division does says whoever ends up running it's really. What how much left -- room for maneuver. No worries about. Kind of changing the orientation that course chosen. By -- -- won't do I used to prime minister. In the history is more. And what exactly will be done and when will something be done that -- continue to go in the same direction because on that point. I don't think that the conference all the options available. Yours -- in sentiment indexes all seen time but tell that may be a more nuanced story at time member state level Italian business confidence. Seen flat amid the country's political turmoil while French consumer confidence is associate unchanged no surprise though to see Germany during -- With consumer sentiment that full cost to released edged higher. Meanwhile will like the second release of Q4 GDP numbers from the UK analysts expecting quarter from quarter contraction. To remain unchanged at three tenths of 1%. Building firms in the spotlight tomorrow on the earnings calendar wholesome -- sliding into a lost. The world's number two cement make it -- sliding into loss for the fourth quarter. As Europe's long recession holds construction work they also keep a child from Thomas from French construction to media conglomerate week. I was a Smart guy -- now for big name mind abuse from the Reuters summit on the future of the Euro zone in the foreign line to our European monetary affairs chief Ali rain. German finance minister vote on shored up. And European trade commissioner Powell to uncle that's on ahead to Wednesday's market moving events and actual problems as.

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Europe Day Ahead: Ungovernable Italy

Tuesday, February 26, 2013 - 02:17