Last week’s market carnage in the US and Europe spread to Asia this morning. Now the ball is in the central banks’ court, writes Matt Quigley.
While Euro angst vies for the spotlight with US jobs data, bad news from mining and manufacturing is expected on the home front, writes Matt Quigley.
The eurozone crisis should steal the show this week, while in SA the Reserve Bank is considering interest rates, and inflation is in the spotlight.
Facebook’s IPO is likely to be this week’s eagerly anticipated event but, with the eurozone facing renewed uncertainty, hardly the most significant.
Beyond French election results, central bank speeches in the US, production figures in Europe and key releases in SA, it will be an interesting week.
The US is escalating the risks of a currency war, Brics nations say. <b>Matt Quigley</b> explores the consequences if the US doesn’t "knock it off".
This week will bring key data on US jobs and manufacturing figures from around the world. With few exceptions, economists are not optimistic.
Amid weaker than expected data in the US and China, and a flare-up in Europe’s debt crisis, markets will be paying close attention to key statistics.
Fears are mounting Spain might be headed for a bailout, while eyes will also be on a series of corporate earnings reports and data releases elsewhere.
The economic calendar has lightened due to the holidays, but a few key events will still keep investors on their toes when trading resumes.