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Home > Blogs > QFINANCE Editor > The Week Ahead in Finance (30-06-2014)

The Week Ahead in Finance (30-06-2014)

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Each week brings you five things to look out for in the week ahead (30-06-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.

ECB Policy Meeting: The European Central Bank (ECB) will hold its monthly policy meeting on Thursday, though no rate changes or new stimulus measures are expected. However, after last month’s meeting, when negative interest rates were introduced, President Mario Draghi is likely to be probed on his thoughts on ongoing ultra-low inflation.

US Jobs Report: The United States will release its monthly jobs report this week. This will be closely watched after last week’s disappointing first quarter GDP growth, which ranked at a five-year low.

South African Financial Data: Monday will see a slew of data on South Africa, as Statistics South Africa reports its first quarter financial statistics, and the National Credit Regulator releases its first quarter credit bureau monitor.

Tankan Survey Results: The Bank of Japan will report results from its quarterly Tankan business survey on Tuesday. Despite April’s consumption dulling an increase in sales tax, analysts expect large manufacturers to report positive business conditions for the fifth consecutive quarter.

EU Presidency Rotates: Also on Tuesday, presidency of the European Union (EU) will pass to Italy until 31 December. Prime Minister Matteo Renzi is likely to promote growth over austerity and call for a solution to the migration crisis in the Mediterranean.

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