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Europe Day Ahead: Greek poll jitters keep investors on edge
Wednesday, June 13, 2012 - 02:05
June 13 - Tension mounts ahead of Greek poll; Spanish bailout seen inevitable; euro slide quashes talk of SNB move on Swissie.
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Investors plant safest tension mounts ahead of Greece is make or break election at the weekend unless -- -- not resting on a Spanish bailout according to economists polled by Reuters. That's a sharp change from April and only one handful -- Madrid would need rescuing. That perhaps the only positive this week is a sense that all parties are starting to wake up to the potential consequences of euros and break -- Even if. The next -- to win the election on Sunday. It doesn't necessarily mean that Greece will leave a year I think on both sides on the Greek side and only use side. Appeasing enemies have been asked to stop happening -- can be cited costly. Whether the market as a whole is following that. I think the nine the market is just pricing in the risk that Greece could still leave the -- and that's why. This saves still so much fragility in markets. Well it's early in the firing on again tomorrow with an auction of up to four point five billion euros of bonds. -- off to Rome today paid almost 4% to sell one yet bills. Keep an eye out for at gilt auction to London expecting strong demand in the sale of long term debt. What is the -- day for day to tomorrow just final inflation numbers for the eurozone to look apple prices -- down two tenths of 1% on the month in May. Also tomorrow we'll get big quarterly monetary policy assessment from the Swiss National Bank. Most I'm respecting the bank will reaffirmed its commitment to the cap on the frank most speculation ever rise in the floor now -- by the recent weakness all of the and the OPEC meeting continues in Vienna at the IAEA saying today that the cartel's price hawks were wrong too -- for supply cops following the 20% dip in oil prices since March. The agency says prices still high by historic levels and I think to negatives for global growth. That's all from us and Albert joined Rogers every day at this time for a look at it -- was going to new markets in the next 24 hours I'm Nigel Stephenson. And his.
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Europe Day Ahead: Greek poll jitters keep investors on edge
Wednesday, June 13, 2012 - 02:05
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