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5 things to look out for this week (December 16-20, 2013)

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Each week brings you five things to look out for in the week ahead. Essential news that will shape the week and help you keep ahead in the world of business and finance.

The end of the Bernanke era

Following predecessors Paul Volcker and Alan Greenspan, Federal Reserve Chairman Ben Bernanke will have a final opportunity to provide his spin on his seven-year run. Could this be the beginning of the end for quantitative easing 3?

UK forecasts

In the UK, the Office for National Statistics (ONS) will release its latest estimates and predictions of third-quarter growth. This will include inflation, unemployment, retail sales and the government finances.

European manufacture

The Manufacturing Purchasing Managers Index (PMI) is expected to rise in Europe’s two largest economies, Germany and France, as new eurozone figures will be published early this week. Although France's manufacturing is expected to stay negative, it is expected to show some improvement, likely rising from 48.4 to 49.0.

Japanese trade

Trade figures will be release by Japan's Ministry of Finance with a ¥1.35-trillion deficit to be expected. If predictions are right, this would represent the third largest amount ever recorded.

India’s repo rates to increase

The Indian Reserve Bank’s repo rates are expected to increase by 25-basis points to 7.0% on Wednesday this week. This is part of the country’s battle to fight a combination of high inflation and bland growth.

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Tags: Alan Greenspan , Ben Bernanke , deficit , Europe , Federal Reserve , France , Germany , India , Indian Reserve Bank , Japan , manufacturing , Office for National Statistics , ons , Paul Volcker , PMI , Purchasing Managers Indices , quantitative easing , volcker
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