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Europe Day Ahead: ECB, BoE words to speak louder than actions

Wednesday, July 31, 2013 - 02:25

July 31 - After the Fed, it’s the ECB and Bank of England in the spotlight, with the focus on what the banks say about future policy direction. Meanwhile ArcelorMittal looks set for another big profit tumble.

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One dime to you to go off to the -- and ECB and bank of England and the spotlight. European Central Bank president -- driving under pressure to provide more commodity on future policy after his first stop following guidance last month. ETX capital strategists he's sexy DK outlines what investors will be focusing their attention on. I think misses are gonna look full more information from Mario -- about possibly interest rates cuts. The possibility of buying. -- backed securities. Or even make it negative to cause a -- that will be talked about. But the real kind of interest in putting will be if the minor drug use changing his own projections on the hill in the you European here's an economy we have seen. Some improvement in years and economic conditions. It's a similar story at the Bank of England with no major policy shift -- I don't not -- to focus once again on forward guidance which we should hear more about. And the bank's quarterly inflation report next week. Spelling today sliding against the you'll for a sixth day and so -- -- on base the Bank of England will suddenly mortal continued stimulus but neither the ECB on the Fed. Spain only regular. Manufacturing PMI is only major it dates of release the eurozone -- don't hold it just above the key fifty point level. WTO is expected to claim -- up to 52 point eight. And of course is another huge stage for utopian elements prophecy tumbling YouTube's biggest steelmaker analysts polled by votes of forecast a 51 point 7% drop in earnings ArcelorMittal. Moments today about the problem with European steel demand still don't know enough quotes up from the -- seen back in 2007. Another strong quotes unlikely IB MW economy can again extending his lead over rivals I really am Mercedes and the most recent sales they go to. BMW also moving into new markets this week with the launch of its first electric car. I three. What's buying and so tend to banks to what some thought. You can't -- seen posting a big jump and -- but all eyes are on any move to stop selling the government's got to 9% stake in the bank. Also keep an eye out for number it's from BE systems show. Some look ahead to Thursday's market moving events signed -- diva. This is Reuters.

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Europe Day Ahead: ECB, BoE words to speak louder than actions

Wednesday, July 31, 2013 - 02:25