July 27 - Mario Draghi sparked a bounce with hints of intervention on the debt crisis. A busy week of bank policy meetings, economic data and bond auctions will test whether the turnaround has staying power.
Talk is cheap and effective to. Euros and stalks some peripheral debt get a lift off the ECB president marry a drug his comments yesterday promising to do whatever it takes to save the -- A media reports have -- the EU and ECB intervention on bonds also helping market sentiment the next week will test whether the drug effect. Has -- staying out. DC BC holding steady on rates on bond buying next next week's policy meeting. -- news conference will be scrutinized even more closely than usual any sign that he's about to back up his hands a bureau intervention. Sentiment also said we tested by keep -- options -- comes to market on Monday after a successful bill -- today while -- cell -- on Thursday. Rome and Madrid hoping both sales associate continuation of the downward drive that has taken yields below key danger levels. Also -- fed meeting to look forward to next week but analysts say the olds are against any big policy shift. Well I think that -- remain on hold that time next week's I -- team indeed the economy is we can -- Q2 GDP desktop is. Quite that lackluster we've no concert -- demands. Whether the same time we still have positive growth. Well with plenty of data to look out for in Europe to your -- sentiment index is expected to see full across the board on Monday. -- PMI numbers later in the week are seen holding on changed. German unemployment also seen heading higher headline figure seen edging closer to three million. It said to be another big week for European endings with banks again set to take that I'm not HSBC so -- and standard chartered among the ones to watch out full. BNP Paribas also reporting and its among banks expected to suffer from a squeeze on investment banking income. A host of other big companies to watch out for two among the big names -- Air France KLM Fiat and AB in that. Plus all from us for now but join us at the same time every day for look ahead to a set to move markets. I'm Nigel Stephenson place is process.