THIS WEEK gets off to a relatively quiet start internationally, with markets closed in both the UK and US today. At home, however, attention will centre on the beleaguered Anglo Irish Bank. First-half results from the nationalised bank, likely to be published on Thursday, are expected to be very poor.
Economic data is fairly thin on the ground on the domestic front, although trade figures due out later in the week will no doubt be carefully scrutinised for any glimmers of hope that the economy may be close to bottoming out.
MONDAY
UK US bank holiday – markets closed.
Meetings: Chief economist of African Development Bank to speak at "Africa - Moving Forward" conference (TCD); Middle East Communications Conference 2009 (Abu Dhabi)
Indicators: German IFO - Business Climate (May); Bank of Japan Monthly Economic Survey (May 19)
TUESDAY
Results: Bank Of Montreal; Borders; Greencore
Meetings:Strategic Insights Report - an IT Leadership Perspective - with Nick Forbes (BT Ireland), Anne Weatherston (BoI), Paul Toner (KPMG) and Eileen Sharpe (IDA) (Alexander Hotel)
Indicators: EU Current Account (Mar) and Industrial New Orders (Mar); US SP/Case-Shiller Home Price Indices (Mar), Consumer Confidence (May), ABC/Washington Post Consumer Confidence (May 24) and Richmond Fed Manufacturing Index (May); German GDP (Q1).
WEDNESDAY
Results: Air Berlin; American Eagle Outfitters; Polo Ralph Lauren; Trintech
Meetings: Travis Perkins egm
Indicators: Irish Trade Statistics (Jan); US Adjusted Merchandise Trade Balance (Apr), Existing Home Sales (Apr) and Housing Price Index (Mar); Japanese retail trade (Apr)
THURSDAY
Results:Bank of Nova Scotia; H.J. Heinz; J. Crew; Jamba Juice; Marvell Technology; National Bank of Canada; Novell; Perry Ellis; Sears
Meetings:Dragon Oil agm (The Metropolitan, London); Total Produce agm (Radisson SAS Hotel, D8); Tullow Oil - Dublin shareholder meeting (Royal College of Physicians); Fortieth Geary Lecture delivered by Prof James Poterba, president and chief executive of National Bureau of Economic Research on "The Challenge of Tax Reform Expanding the Tax Base" (ESRI); Workwise Conference to help those made redundant (NCI, to Friday); Friends of Europe roundtable "Never again: the Shape of a New Global Financial Architecture" (Brussels); Science Foundation Ireland seminar "Powering the Smart Economy" – address by President McAleese (Whitehead Institute for Biomedical Research, Cambridge, Massachusetts)
Indicators: EU consumer confidence (May); Irish External Trade (Mar), Industrial Disputes (Q1), Agricultural Price Indices (Mar) and Industrial Production Turnover (Mar).
Others: Interim management statement from Wolseley
FRIDAY
Results: Greentech Energy; Severn Trent; Tiffany
Meetings:EBS agm; Maples and Calder breakfast briefing on recovery and reform; Irish Insurance Federation annual lunch - guest of honour David Went (Conrad Hotel, D2)
Indicators: EU Consumer Price Index (May) and Unemployment Rate (Apr); Irish Milk Statistics (Apr), Area Yield and Production of Crops (2008) and Information Society and Telecommunications (2008);UK Nationwide Housing Prices (May).
