Mar. 19 - UK inflation set to continue downward trend, world no. 4 retailer Metro releases full-year results and the UN Security Council meets to discuss Afghanistan.
The headlines -- Monday off the new here in Europe apple to reward investors the world's most. Valuable company will stop paying a quarterly dividend and buyback ten billion dollars of -- don't. UPS jumps to top spots in Europe the world's largest package delivery company will pay nearly seven billion dollars the Dutch rival TNT express. And violent gun battles in Syria capital Damascus sees the heaviest pricing so far in the yearlong revolt against president Assad. Looking ahead to tomorrow now investors watching for UK inflation numbers she Thursday to see how prices. Might be impacting consumer spending and the economic recovery Bank of England Governor Mervyn King will almost certainly. Be rising another access to chancellor George Osborne to explain why EC PI remains above the 2% target. But inflation is expected to remain on its downward trajectory and economists polled by Reuters expect in the index to fall to 3.3. Percent. After January's sharp fall to three point six markets Chris Williamson isn't expecting this to -- to the -- at least policy. I think he's gonna come down that maybe the -- CPI to ground frequency descend from three point six. Sarah -- easing policy reflecting the truck the eighteen from the year ago that still coming through. I think he's gonna really affect Bank of England they already expect CPI to -- to play Todd -- and by the NBA it might be optimistic. Is very much in Ottawa and expect to I think gonna hold off until right at least make that youthful estimate places. It fixed income dates you've Italy's -- TP auction the yield gap between ten year BTPs and German bones. Fell below 280 basis points on Friday. The lowest since mid August last year it. Spreads have been falling steadily in recent days concerns about Italy's public finances -- The head of Italy's debt management department says the gap will fall below 200 basis points by the end of the year. -- Colbert is tomorrow well not before retailer metro release it's for your numbers it's been looking to sell its -- market chain we hours it looks to focus on its cash and carry. And electrical goods chain's chief executive I would not call said last week. He's in no rush to sell the council chain of department stores off suspending sales talks in January. In world news the UN Security Council tackle -- subject of Afghanistan when it meets in new you'll protesters have taken to the streets in Afghanistan. Calling for the trial of the army sergeant accused of gunning down sixteen villages. To be held in that country. Under Islamic rule -- sergeant Robert -- is being held in solitary confinement at a military detention center at Fort Leavenworth Kansas. He has not yet been charged. That's all of manager's fate -- -- problems is voices.