Aug. 22 - A look to the close of the European markets and a look ahead to the next day's trading, as well as what to expect from the Asian markets overnight.
European shares slipped from thirteen month high as investors unconvinced by signs of progress in the eurozone debt crisis. Japan's dismal export numbers -- reminder of Islam -- top economies. A dismal day for mining shares as BHP ballots on disappoints with a 35% slide in profits the company shelves. A planned twenty billion dollar copper project and says no major investments will be approved for almost a year. Looking ahead and key economic data -- like he just showed the eurozone remains mired in a prolonged slump. Flash PMI is will demonstrate the business activity shrank for a seventh consecutive month in August. I'm with consumer confidence expected to some to a three year low the suspicion will be reinforced. That the region is heading for economic contraction in Q3. German manufacturing activity also -- to to -- continued its slump dragged down by weakening to Mong the pace of industrial decline. Is the fastest since 2009. But some economists say German slowdown is -- bad news. So we probably think that might not be such a bad thing that Germany has put under a bit of economic pressure because it. Forces them to us than him concede a little bit more ground which is necessary trust me for the nearest thing. Angela Merkel and Francois alone who hold the future of Greece in -- hands meet in Berlin Thursday. Greek PM mountainous -- us trying to persuade his European promised to extend the deadline for spending -- And keep Greece in the Euro -- medical -- alone will also discuss the deteriorating situation in Syria. Yes yes three billion dollar takeover of Mexican tequila -- equipment could be announced when the drinks on reports is that your earnings. The deal is part of CEO Paul Walsh is aimed to get 50% of group sales fall emerging markets. By 2015. That's all from Austin now but join us throughout the week Reuters today a snapshot of the latest world news -- market headlines I'll also be talking to Paul Walsh -- DS -- IMAX -- Forbes is what's this.