duminică, 5 februarie 2012

Next week important economic data

For the next week, the economic calendar is pretty light and probably the biggest news in the markets will be the outcome of the Greece saga, followed by the China inflation data on Wednesday and interest rate decisions on Thursday in UK and EURO area.
I'm expecting no change in both cases, even though some are expecting more quantitative easing from the Bank of England, but in the light of the latest surprisingly good economic data from the economy, I don't expect more asset purchases.
In Romania there is nothing scheduled on the economic front. Starting 10 February Romanian companies will posts their 4 quarter and full year 2011 results. If nothing badly will come out of Greece negotiations I'm expecting the Romanian markets to continue their up swing.

Have a great week everybody.

Monday 6 February:    
                 - Quarterly results from Hasbro, Humana, Loews, Sysco, Yum Brands
                 - EU - German Factory Orders
Tuesday 7 February:
                 - Quarterly results from Coca-Cola, Walt Disney, Western Union
                 - EU - German Industrial Production
Wednesday 8 February:  
                 - Quarterly results from Cisco, Computer Sciences, News Corp, Sprint Nextel, Time Warner, Visa 
                 - EU - German Trade Balance
                  - CHINA - Consumer Price Index
                  - CHINA - Producer Price Index
Thursday 9 February:  
                 - Quarterly results from Pepsico
                 - GBP - Manufacturing and Industrial Production
                 - GBP - Official Bank Rate
                 - EU - Minimum Bid Rate
Friday 10 February:  
                 - Romania quarterly results: Bursa de valori (BVB), Compa (CMP), Teraplast (TRP)
                 - EU - French Industrial Production
                 - USA - Trade Balance

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