German and Europe GDP in focus ahead of Merkel/Sarkozy meeting
The key event for today after yesterday’s rise in equity markets is today’s meeting of German Chancellor Angela Merkel and French president Nicolas Sarkozy, this afternoon.
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The key event for today after yesterday’s rise in equity markets is today’s meeting of German Chancellor Angela Merkel and French president Nicolas Sarkozy, this afternoon.
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
Market Analyst Michael Hewson talks to Canadian TV about UK riots, China CPI and European debt problems.
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.
Michael talks about the after effects of last week's US Q2 GDP , the concluding US debt ceiling negotiations, rising European bond yields, UK PMI's and looks this weeks central bank meetings in Australia, Japan, UK and Europe as well as this weeks US ADP and NF payrolls, report.
Amongst the charts he will be looking at include US 30, US SPX 500, EUR/NOK,, USD/JPY, and AUD/USD.
Michael talks to Canada's BNN talking about the debt ceiling, future IMF funding and Europe.
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.
Michael talks to BBC reporter Jeremy Naylor on what's happening in Europe, bailouts, debt burdens, interest rates and gold.
Michael talks about the after effects of last weeks European stress tests, the ongoing US debt ceiling negotiations, rising European bond yields, this weeks earnings and looks ahead to this weeks Bank of England minutes, UK retail sales and PSNB, this weeks EU summit, US weekly jobless claims, and China flash PMI on Friday.
Colin Cieszynski, Market Analyst for CMC Markets in Canada, comments on volatility, the Fed minutes and near-term opportunities for trading in global markets.