FN Arena News
Latest News
Asia
Australia
Commodities
Currencies
Economics
FYI
Sell&Buy-ology
Small Caps
Technicals
Weekly Analysis
Weekly Insights
Weekly PDF
Research Reports
Sources Of Wisdom

FNArena

Email Us

Member Login


FYI

Next Week At A Glance
FNArena News - September 28 2012

For a more comprehensive preview of next week's events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" - Warning this story contains unashamedly positive feedback on the service provided.


By Greg Peel

Japan will provide a Chinese-style monthly “data dump” today but now that Fukushima and its fallout are no longer news, the world has gone back to largely ignoring the Japanese economy.

Tonight in the US sees personal income and spending, consumer sentiment and the Chicago PMI, but once again all eyes will be on Spain.

Spain has organised a line of credit from the troika worth E100m to be used as capital injections to rescue Spanish banks laden down with worthless mortgages. Tonight's results of stress tests on bank balance sheets will determine just what net level of funds they need. Consensus suggests E40-60bn but more sceptical commentators believe the whole E100bn will be up for grabs.

Clearly the lower the number, the more positive for global markets. This line of credit is a loan that will only increase Spain's debt at a time the government is risking political demise with budget cuts. It differs from a bail-out which is more of a straight hand-out in exchange for budgetary discipline. 

Moving into next week, Monday is the first of the month and that means global manufacturing PMI day, with all of Australia, China, the eurozone, UK and US reporting. These releases will be followed up by a round of service sector PMIs on Wednesday.

The full story is for FN Arena subscribers only. To Subscribe click here

Or If You're New To FN Arena - click here for a trial

If you are a subscriber login here


Member Login

Username: Password:
Remember Me Lost your logon details?








Our archive tells no lies. FNArena warned its readers well before the price of crude oil peaked in 2008 the speculator bubble would deflate with devastating consequences for those holding oil company shares. In August we warned the most severe correction in modern history was forthcoming for natural resources. In 2007 we warned the problem with US subprime mortgages would prove much bigger than experts and media were anticipating (among other things).

FNArena is showing the true value of truly independent financial analysis and reporting. Our daily news reports can be trialed at no cost and with no obligations at www.fnarena.com. Simply sign up and see it for yourself.

Subscribers and trialists should read our terms and conditions, available on the website.

All material published by FNArena is the copyright of the publisher, unless otherwise stated. Reproduction in whole or in part is not permitted without written permission of the publisher.


The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface. This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.
© News Network 2014. All Rights Reserved. No portion of this website may be reproduced, copied or in any way re-used without written permission from News Network. All subscribers should read our terms and conditions.