April 26 - The ECB dominates next week’s news, as markets rally on the prospect of a further interest rate cut. FED meeting & a big week for auto earnings.
PCBs hogging the limelight next week with a quarter point rate cut on the cards. Markets already rallying on the prospect of record low rates being cut even level is TJ markets analyst. It has been for you wolf back to him we've seen him move hiring -- European equities this week. And we could find the next few days that bankruptcy running fizzles out. Meanwhile the austerity rest his growth debate rages on Brussels favoring a soft a deficit reduction storms ECB in Germany insisting the show must go along. Meanwhile documents leaked to German newspaper handles much of the Bundesbank could take its opposition. To the ECB's bond buying program all the way to Germany's constitutional course. The Fed's money printing policy will come out -- screws in the next week as well off to Q1 GDP growth came minutes to an officer and widely missing expectations of 3%. The Fed's policy decision is due Wednesday. And US nonfarm payrolls Friday as markets watch to see if that's an improvement on last month's surprise figure. And an 88000 Reuters poll points to 145000. New jobs. In April. In the UK finance minister George Osborne has another set of key economic numbers to contend with just days off to data showed no triple dip recession. The next big test will be the PMI's on Wednesday manufacturing probably still contracting at 48 point fine if and on Friday service sectors to growing a reading of 52 point four predicted that. The European Bank earnings season continues with UBS -- and Deutsche are reporting Q1 results matters -- where is optimistic that says a full recovery is still a long way out. The banking sector is still going through a difficult period of my admitted that he does need to recount clauses of the -- on the state banks. Are in fiscal positions especially here in the UK. Not overrule. I peaches that the banks to. Reports better than exceed expectations but until we see. The full blown recovery in the banking sector is unlikely though that. Will have an impact on none of the -- economy. In other -- Siemens reports its second quarter results Thursday with figures like you've been hit by delayed projects and supply problems. -- so big weeks or -- -- with Fiat Audi. And BMW reporting the results come off to -- this profit warning of course. Investors looking to see if Audi and BMW can make up for the European downturn. With strong sales in China public companies reporting includes some off the metro and Rondo will be interviewing mark Bristow the south African minus -- on Thursday. That's it for next week's given -- programs -- girls.