So far markets await European summit to be held on 18-19 of this month, and in a state of uncertainty, which controls the market with the absence of any serious decisions about access to new radical solution to the sovereign debt crisis of the three-year-old so far.
Priority themes in the markets and that he hopes will be discussed during the summit is the Is it possible to formally request Spain international assistance during the summit, especially after the downgrade of the long-term sovereign debt as well as short-term.
Even now represent Spain axis investor interest, particularly as it is closest to ask for help, but so far the government still reluctant to ask for help and to undergo Terms international lenders and if reports that Spain may not be able interview target deficit reduction during the next two years, depending on the statements IMF .
We also expect this week the markets reaction when Spain introduced bills for 2015, 2016 and 2022 bonds means for three and ten years and therefore will be to focus on the return on bonds.
Also one of the important topics that will be discussed during the summit European project to establish "EBU" and consolidation of fiscal policy for the euro zone countries next to direct funding to banks through the mechanism of the European Stability Fund.
On the other side is still Greece is also one of the priorities that may be raised during the summit, especially with the resumption of talks between the Greek government and international lenders - the International Monetary Fund and the European Union and the European Central Bank - which is expected to be to reach an agreement on the size of the austerity plans and to be able to get the second tranche of aid.
Britain
Turning to land ownership, where us with the date of the sale of important economic data starting from the announcement of the inflation rate, which is expected to fall to 12-month period ending in September / September to 2.3% from 2.5% of reading previous and approaching the target level of the bank.
This comes back within the Bank forecasts that inflation pressures facing negative in the coming period to meet with the target level of 2% over the medium term.
While waiting to be announced Meeting Minutes monetary policy committee for the month of October / November, where the Bank has to maintain the same monetary policy unchanged to remain the interest rate at 0.5% and the asset purchase program worth 375 billion pounds and will therefore shows us the record over agreement the members of the Committee on monetary policy, especially with the end of spending the asset purchase program by next month.
It is worth mentioning that the Bank of England would prefer completion of the spending increase in the asset purchase program, as well as the impact of program funding for lending on the general economic situation and then evaluate the results and therefore determines its next destination.
This comes under the expansionist policy of the bank to cope with the recession, which hit the country, with more in the second quarter, recording -0.4%, followed by a contraction in the first quarter rate of -0.3%.
As seems to decline in price levels next to improved labor market data may have contributed to the support of retail sales.
Beginning were the labor market is expected to be released the unemployment rate for the three months ended in August / August is expected to demonstrate at 8.1% and unchanged from the previous reading, while expected to continue to grant requests decline in September / September by about 3 thousand request compared with the previous showed a decline amounted to 15 thousand request.
On the other hand is expected to improve retail sales recorded a growth of 0.6% in September / September compared to the previous reading which was a contraction of -0.2%.
