Blog: Markets

Europe tensions remain ahead of Tuesday Sarkozy/Merkel meeting

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Attention this week is unlikely to move too far away from Europe after Friday’s disappointing French Q2 GDP numbers reinforced concerns about the pace of recovery in Europe’s second largest economy, ahead of tomorrow's meeting between Merkel and Sarkozy in Paris.15

Italy fears spook equity markets

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European markets have retained their weak tone today, putting to one side the final debt ceiling vote in the US, which is expected to pass later today, as fears about Spain and Italy continue to weigh on sentiment.

 

Weekly market update 26th of July 2011 by Michael Hewson

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Watch  Video

Michael talks about the after effects of last weeks European summit and Greece bailout, the ongoing US debt ceiling negotiations, rising European bond yields, UK GDP and looks ahead to this weeks inflation data from Australia, Germany and the Eurozone as well as this weeks US jobless claims, and US GDP data due on Friday. Amongst the charts he will be looking at include GBPUSD, EURUSD, USDCHF and gold.