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Home > Blogs > QFINANCE Editor > The Week Ahead in Finance (02-06-2014)

The Week Ahead in Finance (02-06-2014)

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Each week QFINANCE.com brings you five things to look out for in the week ahead (02-06-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.


ECB rates and policy announcements: All eyes will be on ECB president Mario Draghi who is expected to reveal an array of measures to tackle the threat of deflation in the eurozone. With inflation in the bloc stuck below 1% for seven months in a row, European banks are braced for interest rates to be cut from 0.25% to 0.15% to encourage business lending.






Rates decisions from Africa: African central banks will also reveal new rate decisions this week, with news expected from Botswana, Uganda and Ghana.






GDP data for Australia: On Wednesday, GDP data from Australia is expected to confirm increased economic expansion throughout the first quarter of this year. Analysts are estimating growth of 0.9% up from 0.8% in the final quarter of 2013.






Economic data for the US: A wealth of data will be published in the United States, including May’s Institute for Supply Management’s manufacturing index; the latest international trade report; and the ADP national employment report.






Asia Islamic Banking conference: The Asia Islamic Banking conference will take place in Singapore from June 2-4 this week, attracting more than 80 chief executives from the world’s leading financial institutions.






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