July 13 - Stocks and the euro bounce back despite grim news on the Chinese economy and Italian bank losses; Berlusconi's comeback and Spanish bond sales the focus next week.
Investors do their best and the week on a high despite a flooding of grim news from China to its link to buying closest. Stocks and the you know bugs bike and that they -- Italy and Spain sends a stage again next week. And ruled analysts and commentators are likely to spend the next big wing of the seriousness of Silvio Berlusconi's come back. Any conclusion that he stands a real chance of winning next year's elections could send Italian assets into -- -- -- once again. -- according to some analysts with the with Berlusconi my knowledge of a lot of wild TJ Marcus says Italy's future prospects in the early delicately balanced. Although it is not quite in the same category as Greece is still in a very weak situation continue yields creeping on the just beneath 6% 7%. He's a level that everyone has in mind is that. As as level becomes unsustainable so is he is the weak position we all what you very closely he seems reticent -- kind of moment six it's difficult situation. Meanwhile Spain comes back to market selling to five and seven year debt on Thursday. Targets -- to be published on Monday but it will be a serious test of market sentiment. -- -- football and sales from Germany and France to. Federal and also in the spotlight as lawmakers fought on Spain's bank bailout. Little danger that -- -- -- the bailout but divorce should offer a useful snapshot of the mid on what is a very sensitive -- up. The Bank of England set for a busy week -- Minutes of its last policy meeting jibes with analysts looking for more detail on the decision to stop the printing money -- once again. Meanwhile governor arm Evan king and acting governor Paul Tucker are set to testify to parliament. The financial stability report as the official topic but the bank's top two are unlikely to escape any reference to the -- -- on the -- for the economic diary Monday brings an updated -- economic outlook from the IMF. On Tuesday will get the latest text of German business sentiment declines for cast their across the board. And on Thursday we'll get more clues to the state of the UK economy with a retail sales growth seen slowing and the month of June. Not so from us and I -- join us every day of this type of a look ahead at what six new markets I'm giving you give them the support of.