The video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead.
US: Washington, housing
Volume and volatility could pick up in markets that are sensitive to the dollar and Treasury auctions. Then there’s a GDP revision and a potential decline for the Case-Shiller index. But all eyes are on the health-care summit, hearings on Toyota and Fed chief Ben Bernanke on Capitol Hill.
Europe: Banks and Telco’s in focus
Banks will be back in focus as part-nationalized Lloyds and Royal Bank of Scotland announce their results and give an update on further losses from risky lending. The telecom sector will also be under scrutiny, with earnings reports due from Telefonica and Telecom Italia, which have been linked by merger rumors in recent weeks. German IFO is expected to improve in February, but could still raise questions about the sustainability of a recovery.
Asia: Japan, India economies
In Japan, deflation will continue to be the primary concern for the economy as CPI numbers are released on Friday. India’s GDP will be in focus on Thursday.
Source: MarketWatch (here, here and here), February 19, 2010.
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