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Home > Blogs > QFINANCE Editor > The Week Ahead in Finance (03-02-2014)

The Week Ahead in Finance (03-02-2014)

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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.

UK Monetary policy: The Monetary Policy Committee is meeting on Thursday to decide on a final interest rate strategy before next week’s inflation report. These rates are widely expected to be kept on hold.

Emerging economy policy announcements: Markets will also be watching emerging economies closely this week as central banks in countries such as the Czech Republic, Poland, Romania and the Philippines are expected to make policy announcements this week.

ECB’s policy rate: Following Friday’s reports of weak Eurozone inflation, analysts are unsure whether the ECB will implement another rates cut this week, or hold off until later in the year.

BP to reveal profits report: The oil giant has sold almost £24.3bn of assets in recent years, following the Deepwater Horizon oil spill in the Gulf of Mexico. Analysts expect full year earnings to have dropped significantly in 2013 from $17.2bn to $13.3bn.

Telecoms bid in India: In India, eight telecom companies, including Vodafone and Bharti Airtel, will participate in a spectrum auction, hoping to encourage investments and raise billions of dollars for the government.

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Tags: Bharti Airtel , BP , Czech Republic , Deepwater Horizon , ECB , emerging markets , European Central Bank , eurozone , India , inflation , interest rate , monetary policy committee , Philippines , Poland , Romania , telecoms , UK , Vodafone
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