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The Week Ahead in Finance (22-04-2014)

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Each week brings you five things to look out for in the week ahead (22-04-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.

Eurozone PMI Readings: The eurozone's purchasing managers’ index (PMI) readings for April will be released on Wednesday – the first indicator of the bloc’s second quarter economic performance. With ongoing concerns over deflation, analysts will be paying particular attention to the price data.

China PMI Report: The PMI report will also feature prominently on China’s economic calendar. This is expected to show signs of strengthening but still indicate economic contraction.

Osborne's Deficit Reduction Target: UK public sector borrowing figures released this week are expected to show a slight decrease from last year, but could still mean that Chancellor George Osborne misses his deficit reduction target. This is even after Osborne's goal was lowered from £111.2bn to £107.8bn in his Budget last month.

Obama Asia Tour: US President Barack Obama embarks on his Asian tour on Tuesday, with aims of strengthening US-Asia ties. The President will visit Japan, South Korea, Malaysia and the Philippines, with the proposed Trans-Pacific Partnership (TPP) expected to feature heavily in discussions.

Global Information Technology Report: The World Economic Forum will release its Global Information Technology Report on Wednesday, which will analyze the impact of technology on economic growth, as well as the economy’s willingness to make use of ICT.

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