May 25 - Spanish bank worries, Italian debt sales and an Irish referendum add up to another volatile week for the euro zone.
Mounting worries have a Spanish banks snuff out a tentative turnaround for stalks -- and the Euro skidding to a fresh blow. Worries have a Spanish banks likely to dominate the early part of next week to. Analysts went up all weekend to digest the details of bank he has fifteen billion Euro bailout question now is -- the other lenders will also need help. If they do Spain may struggle to foot the bill after revealing that regional governments have four times as much debt coming due as was previously estimated. -- sentiment on Italian debt also due to be tested next week -- to auction bonds -- bills on Monday Tuesday and Wednesday. Meaning there's plenty of scope for a disappointing sales. And then this island to watch out for the country's referendum on the eurozone fiscal treaty takes place on Thursday with results you had to he later. Polls point for a yes vote for now but it's likely to be excellent school. The Euro -- many worries -- the single currency to a 22 month low against the dollar today and analysts say there's more downside ahead. One of -- Policy answer. Oh we come to in Europe in the next few weeks for Shimon. It will probably -- -- the ECB to the point where what used to be this consistent bias. Characterizing these to be related to the side is does hearing. Thanks restated -- brings its own share of event risk from the US preliminary Q1 growth numbers out on Thursday. A nonfarm payrolls a day later -- negative shock likely to have a big impact given the global dependence on continued recovery in the United States. That's all for us right now I'm not to Stephenson and this is process.