Europe Week Ahead: The record high nobody wants-unemployment
Friday, May 24, 2013 - 03:36
May 24 - Euro zone inflation and unemployment figures next week, with the jobless rate set to hit a fresh record high. Plus, Reuters has a batch of exclusive interviews from the OECD's annual meeting in Paris.
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Unemployment and inflation the big numbers attributed next week unemployment across the seventeen nation eurozone. Expected to hit another record high in April. Edging up to twelve point 2%. That report -- it's on Friday. Meanwhile the number of unemployed in Germany expects. To dip below three million and unemployment rate cent stake six point 9% those fingers two on Wednesday. And the first estimates of eurozone inflation for May expected to short rebound to one point 4% from April's three year low of one point -- Still that's well below the ECB's target all of undone but close to 2%. As an off the viewers on sentiment indicators out on Thursday consumer business and industrial and services. All unexpected to improve slightly in May from April. German retail sales figures on fighting unexpected too short recovery in April from a shot fallen much. On to get the first reading of how the Swiss economy failed in the first quarter. Economists polled by Reuters expects GDP growth of not point 2% unchanged from Q4 last year. That would see I -- growth slowing to just on the 1%. All the assists food for thought for the business leaders and policymakers is that that we CDs annual event and hottest next week. It's all about people that's essential message of the -- this year which starts on Tuesday. -- -- -- -- -- full will be reporting live from the events with exclusive interviews don't miss our coverage on the inside the platform. Among other European policy makers are making their voices have away from the police TD next week. ECB board member -- -- -- -- speaks at the German chamber of commerce and Palin while by coming into acting governor poll talk up delivers a speech on regulation. And bank of France governor Christian only holds a news conference on finds these economic outlook at 1900 London tying all of these the officials speaking on Monday looking across the Atlantic we get revised first quarter GDP numbers from the United States on Thursday. Analysts expect -- change from the -- shooting of two and a half percent. But bank of Neil -- Simon Tenet says don't be surprised if the numbers are revised up. Over the course of the last two years or BC this slow a little bit choppy recovery in the US economy humming on on this feud that. You may rest in real divergence consumer something US must come to a place like China. And I appreciate the way how -- I attempt to -- the I'm usually -- it's also it's a numbers the last I think that overall. With this number -- -- -- expected to be no worse on the revision -- anything I suspect it's nice in my command just modestly bestseller on the revision. And European bond markets had to leave the Netherlands and Belgium all planned to sell -- the most closely watched will be Italy Rome sailing around ten billion euros of bonds. Most of that medium and long term paper on Thursday. In corporate news -- canning season is for the most pot or vote. But one to watch the seven trains the -- was accompanied of course prelim results on Thursday it recently rejected -- seven point two billion dollar takeover bid. From a consortium including -- -- infrastructure. And the -- investment office. Seven of Britain's ten most companies are now in the hands of private investors. Some look ahead to next week don't miss our coverage of next -- we CD Fulham and products you'll find all the interviews and more on the inside the plot from. -- -- -- -- -- -- -- --
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