Mixed economic data from Europe; Shire makes a hostile bid for Baxalta; Neiman Marcus readies for IPO.
Morgan Stanley, Google, Yum! Brands among corporations reporting earnings; German data releases to give insight into the state of Europe’s largest economy.
Repsol announces major acquisition in Canada; ruble plunges to new lows; European numbers show slight improvement.
U.S. moves to block corporate inversions in the U.S.; Tesco shakes up management; U.S. housing data on standby.
German resilience trumps Greek tragedy in latest findings of closely watched purchasing managers’ survey by Markit. But analysts warn that it’s too soon to sound the all clear.
Germany’s economy has continued to grow, according to recent reports, while the rest of Europe remains mired in crisis.