Jan. 23 - A look to the close of the EMEA markets and ahead to the next day's trading, as well as what to expect from the Asian markets overnight.
Investors cautiously optimistic that a deal -- The best to you know let. -- -- -- -- -- -- I've got built the first line the fifth of the it's. Yeah. Investors cautiously optimistic that a deal on restructuring Greek debt it would response efforts to resolve the sovereign debt crisis. While looking ahead now did you stay -- US president Barack Obama will use his State of the Union Address has an election year rallying cry. Obama will urgent returned to American values and says -- lay out a blueprint for an economy that's built to last. Is expected to put particular emphasis on manufacturing and also tomorrow the Federal Reserve begins its two day policy meeting. The FOMC will be kicking off a new era of transparency. Policy -- will make public more details about the economic full costs and goals. But probably means cementing the view that QE3 is on the cards and that rates will be kept in his era perhaps into 240 team. Now last week the Germans that he W institute's economic sentiment index showed the biggest jump in the -- face history. Tomorrow's private sector market PMI figures should back up that positive view the manufacturing index is full cost rising to 49. The service is -- it measures are expected to remain above the expansionary fifty mark. A Christian Schulz senior economist at -- Burbank says the German Economy is coming off the boil. We're not back to the boom Daytona that we had about a year ago when the German Economy was it was wasn't expanding had a I didn't. Almost incredible rate for -- that's an advanced economy. We have we're still at the level of where we we -- stagnation. Probably even slight recession. The German Economy has been -- -- shrinking already in the fourth quarter and it's quite elected that was that it will shrink again in this first quarter of this year. I'm still with Germany's Siemens reports first quarter results the conglomerates is expected proportional point 4% increase in core operating profit. To just over two billion euros. Earlier this month Siemens said Germany needs to invest one point seven trillion euros and its power sector to -- its exit from nuclear generation. Siemens built all seventeen of Germany's -- -- -- Also got under way this week the annual meeting of the World Economic Forum and doubles -- is that with full comprehensive coverage and analysis of all the action.