ECONOMIC DATA from both sides of the Atlantic will be scrutinised this week for any indication as to whether the global economy is, in fact, on course for a double-dip recession as feared.
US Federal Reserve chairman Ben Bernanke will be closely watched when he speaks at the Jackson Hole economic symposium on Friday, with markets on the alert for any mention of the possibility of further quantitative easing measures.
MONDAY
Results: Kingspan
Meeting: Montreal 2011 Ecocity World Summit (to Friday)
Indicators: OECD GDP Growth (Q2)
Other: TEEU Union Recruitment Drive; Swiss National Bank publishes Monthly Statistical Bulletin of Banking Statistics (August); Finland's Finance Ministry to publish 2012 budget
TUESDAY
Results: Persimmon
Indicators: EU-17 Consumer Confidence (August) and Flash Markit Manufacturing PMI (August); Irish External Trade (June) and Overseas Travel (Q2); US New Home Sales (July); UK CBI Industrial Orders (August); Germany ZEW Index (August)
WEDNESDAY
Results: Glanbia; Heineken; Tullow Oil
Meeting: Creative Industries Seminar (Belfast)
Indicators: EU-17 Industrial Orders (June); Irish Industrial Disputes (Q2); US Durable Goods (July)
Other: France's package of deficit-cutting measures to be unveiled
THURSDAY
Results: Diageo; SIG
Meeting: Balmoral International Land egm and agm (Morrison Hotel, D1)
Indicators: US Initial Jobless Claims (w/e August 20th); UK Nationwide Consumer Confidence (July) and CBI Distributive Trades Survey (August)
Other: Digital Marketing Institute's Social Media Training Workshop
FRIDAY
Results: Independent News & Media
Meeting: US Fed's Ben Bernanke speaks at Jackson Hole economic conference (Wyoming)
Indicators: EU-17 M3 (July); Irish Trade Statistics (April); US Michigan Sentiment (August) and Revised GDP (Q2); UK Revised GDP (Q2)
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