After the maelstrom of gloomy economic data out last week, the week ahead is likely to be the calm after the storm. The key economic indicator due for release is the consumer price index for June. Economists have warned that the threat of a prolonged deflationary spiral remains, and the latest inflation figures will show whether prices continued to fall last month.
TODAY
Results:St Modwen Properties
Meeting:Global Review of Aid for Trade, meeting organised by the WTO
Indicators:EU Sentix Investor Confidence (Jul); USISM Non-Manufacturing (Jun); Japanese Coincident Index (May) and Leading Economic Index (May); Australian ANZ Job Advertisements (Jun); New Zealand NZIER Business Confidence (Q2)
Other:Launch of Agricultural Policies in OECD Countries report
TOMORROW
Meeting:IIEAevent - keynote address by the Secretary-General of the United Nations, Mr. Ban Ki-moon (St. Patrick's Hall, Dublin Castle)
Indicators:US ABC/Washington Post Consumer Confidence (Jul 5); UKBRC Shop Price Index, Nationwide Consumer Confidence (Jun), Industrial Production (May) and Manufacturing Production (May)
Other:Trading updates from CRH, Persimmon and Michael Page International; CFOwebcast:Europe The CFO's New Environment (www.cfo.com)
WEDNESDAY
Results:Alcoa; Marks & Spencer; Pepsi Bottling
Meeting:G8 Summit 2009 (L'Aquila, Italy)
Indicators:USEIA Crude Oil Stocks change
Other:Publication of OECD Economic Survey: Belgium
THURSDAY
Results:3Com; Associated British Foods; Barratt Developments; Chevron
Meeting:Organisation of the Petroleum Exporting Countries (OPEC) ordinary meeting; Robert Wiseman Dairies agm
Indicators:Irish Industrial Production & Turnover (May) and Consumer Price Index (June); Bank of England Interest Rate Decision
FRIDAY
Meeting:Air France KLM agm
Indicators:Irish Industrial Stocks (Q1 2009), Capital Assets in Industry (Q1) and National Employment Survey (2007)
Other:Trading update from Bovis Homes