Economic News: What's Ahead
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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: Employment, autos, rates
Jobless numbers, auto-sales figures and an FOMC meeting are due in the first week of November. Then there’s the progress of the health-care overhaul in Washington and more.
Europe: BOE meeting, UBS results
The Bank of England may take steps to buy up to 50 billion pounds more of assets on Thursday to help the U.K. escape recession. Earnings are due from UBS (UBS), BNP Paribas (BNPQY.PK), Societe Generale (SCGLY.PK), Total (TOT), Adidas (ADDYY.PK) and Deutsche Telekom (DT) among many others.
Asia: Carmakers in focus
Toyota (TM), the world’s largest carmaker by sales, and its smaller rival Nissan (NSANY) will release earnings results next week. Australia’s central bank is likely to raise its benchmark cash rate again after a surprise hike earlier this month.
Source: MarketWatch (here, here and here), October 30, 2009.
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