April 27 - Key events next week include the ECB policy meeting, U.S. non-farm payrolls, bond auctions from Spain, Portugal and France, as well as a raft of company earnings from the likes of BMW and Adidas.
The headlines in Europe on Friday afternoon Spain's economy and crisis unemployment hit its highest level in twenty years. And XP ways and tough to watch the ratings downgrades. I'm US middle -- Q1 GDP below forecasts as businesses cut back on investment. The -- softened somewhat by strong demand from -- Looking ahead -- shortened trading we continue to put most markets except the UK calls for the May Day holiday on Tuesday. Thursday's ECB meeting and Barcelona a key focus for investors. Little policy changes expected. But money markets have started to price in an outside chance of a rate cut by the end of the year. But -- money would try to you likely to maintain -- -- that injections of cheat steal -- device and -- filtering through the financial system and into the real economy. Markets will be watching for the new assays of the -- growth and inflation outlooks as well as any details of what farms like these growth compact might take. Here's Annie -- tumble stuff. Will that be discussion about rate cuts the question that everybody can also give me -- -- -- -- -- -- -- trajectory that was did you discuss the Skype for cutting rates Aaron Taylor -- suggests that. The TB could cut rates to offer to send that would be consistent with. We can break in the cool type all they've resisted will not be back on the table I think about that question who else. On Friday perhaps the biggest economic indicates of them all the latest US employment report. After today's first quarter GDP that's a weak jobs report could open the door to more stimulus from the -- Spain's Tug of all the markets -- six to continue next week but the spotlight on Thursday's bond auction. Sullivan bottling cost across the eurozone could rise -- the given the political risks from the French presidential run off and -- parliamentary vote on Sunday. Other major bond sales come from France on both Monday and Thursday as well as Portugal on Wednesday. On the corporate front there's all season coming to an end. But a final flooding from Germany on Thursday when we'll get numbers from BMW infineon. Non natural Adidas the fonts up and continent south. And world news Iran holds an election run off on Friday parliamentary candidates began campaigning this week for a second round of elections say to weaken. President Mahmoud Ahmadinejad. As she grapples with a worsening economic crisis. Candidates allied to the theocratic leader Ayatollah Ali how company dominated the first round of elections and how much. Finally lest we forget Sunday marks the one year wedding anniversary of the duke and duchess of Cambridge. After that -- of -- your wedding ceremony at Westminster Abbey Buckingham Palace officials say the flow coupled fonts celebrate an anniversary and ride it. That's our look that we -- ads I'm you need to give them this is what's.