World Week Ahead US data drop to set the tone

Sun, 27 Jan 2013

By Margreet Dietz Jan 28 (BusinessDesk) – Investors will look to corporate earnings, jobs data and a meeting of US Federal Reserve policy makers for further clues that the world's largest economy is recovering at a stronger-than-anticipated pace. Wall Street closed the week at the highest levels since 2007 on better-than-expected earnings and economic data, and as the US Treasury won a three-month reprieve from hitting the debt ceiling. Also adding to optimism is the expectation that Europe's banks will this week repay more of the emergency...

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