June 15 - Turmoil or relief? Next week hangs on the results of Greece's make-or-break election in Greece, with investors hoping central banks will step in if worst-case scenarios come true.
It's all about Greece tension builds ahead of the weekend's make or break election but shares -- -- The central banks -- that ready to step into this crisis and a big victory for anti bailout policies the big worry for investors now. A full speed run on Greek banks the worst case scenario and the bashing is that the ECB would step in with -- emergency liquidity if that happens. Some investors also pressing on concerted action by global central banks if there's a full blown crisis. On the other hand a big treat for pro bailout parties could see markets rallied on the difficulty in forming a stable government means relief could be short lived. Even if Randy bailout parties do win some analysts think they'll step back from the brink control risks says that could be wishful thinking. I think Seacrest -- considers a more widely have made. Such a strong comments about the terms of the current by the the will be very -- -- them to -- -- and now. Even if they came C power and suddenly realized that things are a bit more difficult than I feel. So I think -- there's a likeable and very difficult thing is it's intense level anything. Whatever happens key Euro zone leaders will be able to discuss it face to face is that'll be in Mexico for G-20 summit. Expect some sort of statement out of their -- Greece to stick with -- austerity. -- that you've been on Spain Monday when the independent order of the country's banks is likely to be published the big question for the Euro zone. Is which of its funds will come up with the money to rescue the lenders and other Spanish bond auction Thursday like you to test sentiment. On how the banks have been handled as well as the -- a mood on the periphery Spanish yields today struggling to hold below -- -- 7% level. Plenty to run a pro forma data from soon on -- say Germany's lake city W index a gauge the outlook of the country's business chiefs. Economists polled by Reuters betting on a big slump in the numbers that. Flash PMI is for France Germany and the Euro zone and then out Thursday manufacturing and serves his numbers -- -- -- and drop further below the key fifty point level. And on Friday we'll get Germany's latest. GDP numbers -- Ireland. That is it -- must now do join us next week for full coverage of the Greek election off some off. China's problems this crisis --