Analysts see big euro rate cuts?

Eurozone inflation plunges and unemployment rises, sparking speculation of a 50 basis point cut from the ECB next week.

Interest rates refocus on the speculations is that European Central Bank's rate cuts expected next week would be sizeable. Fresh data shows November's euro zone inflation plunge to 2.1% and unemployment rose faster than expected. Most analysts now predict a 50 basis point cut when the ECB meets next week. Euros may market open down 0.3% after seen arise to 11.6% earlier this week. Oil was also down dipping below $54 a barrel on a roundup to OPEC this weekend.

Meanwhile, shares in Germany's Commerz Bank surged as it sealed its takeover with Dresdner now ahead of time. Commerz Bank will pay just over 5 billion euros or 6.6 billion US dollars. The move is expected to see 9 thousand jobs go, the combined group would become Germany's biggest bank in terms of customer numbers, although it will still be second to Deutsch in terms of assets.

In London, the government will own 58% of Royal Bank of Scotland of the shareholder shunned the rescue plan, investors only signed up for tiny portion of the offering, leaving the government with the remaining 22.8 billion shares. On Friday morning, shares in London fell by 1.27%.

In India, markets reopened after being closed on Thursday, following attacks in the financial capital of Mumbai. After what analysts called a ‘knee-jerk reaction’, the market settled back with Mumbai's Sensex Index ending Friday slightly up. The attacks on two luxury hotels and elsewhere have left scores dead and hundreds wounded. The fear now with foreigner investors would start withdrawing from an already shaky market.

Hayley Platt, Reuters.

參考中文翻譯：

歐洲地區(qū)通脹率降低，失業(yè)率上升，預(yù)計(jì)下周歐洲中央銀行會(huì)降息50個(gè)基點(diǎn)。

根據(jù)預(yù)期，歐洲中央銀行下周例利率下調(diào)幅度將會(huì)很大。最新數(shù)據(jù)顯示，11月份歐洲地區(qū)通脹率下跌到2.1%，而失業(yè)率升幅超過預(yù)期。大部分分析家預(yù)測(cè)下周歐洲中央銀行將會(huì)下調(diào)利率大概50個(gè)基點(diǎn)。本周初，歐元上升到11.6%，而再度開市將下跌0.3%。根據(jù)OPEC的數(shù)據(jù)，本周末石油價(jià)格每桶也下跌到54美元以下。

同時(shí)，德國Commerz銀行在提前接管Dresdner之后，股價(jià)迅速上升。Commerz銀行僅會(huì)支付50億歐元或者66億美元。該舉動(dòng)預(yù)期會(huì)使9000人失去工作，該聯(lián)合集團(tuán)按照客戶量來計(jì)算將會(huì)成為德國最大的銀行，但是按照資產(chǎn)來計(jì)算，排在Deutsch之后，屈居第二。

在倫敦，政府擁有蘇格蘭皇家銀行58%的股份，規(guī)避救市方案，但是投資者僅簽署了很少的一部分，政府還持有生育的228億股。周五早上，倫敦的股價(jià)下跌了1.27%。

在印度，周三由于孟買恐怖襲擊關(guān)閉后重新開市。在分析家所稱的“自動(dòng)反應(yīng)效應(yīng)”周五收盤時(shí)Sensex Index 指數(shù)輕微上漲。發(fā)生在兩個(gè)奢華大酒店的恐怖襲擊使幾十人喪命，數(shù)百人受傷。外國投資者可能會(huì)退出已經(jīng)搖擺不定的市場(chǎng)。