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
the week starts with a bang.....Boc resigned. The markets won't like this.
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