Monday, November 14, 2011

Week ahead

The markets will be mainly driven by economic data and eurozone crisis this week. We have preliminary numbers for German and French GDP (gross domestic product a ka economic growth) tomorrow morning (7 am and 6.30 am respectively (GMT)). I will not be holding any overnight trading positions since the data will hardly surprise positively but might just meet expectations. We have also numbers for UK CPI (consumer price index a.k.a consumer inflation) and EU GDP coming out later in the day. 

On Wednesday data for US CPI and industrial production will be published. I am expecting this to support the markets since US data has not been bad recently. 

Finally on Friday data about German PPI (producer price index a.k.a business inflation) will be published on Friday morning. 

Some interesting names reporting this week include Wal-Mart Stores, Dangdang (Chinese Amazon), Tyco International, (Youtube of China), SABMiller and These are some of the names I will be watching for a possible trade. 

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