Feeling the boom's pulse

Although there are a number of corporate events coming up in the week ahead, attention will focus on economic data

Although there are a number of corporate events coming up in the week ahead, attention will focus on economic data. At home, there is the publication of figures for Exchequer borrowing over the first half of the year tomorrow and also unemployment data on Friday.

Both are likely to give little comfort to those who fear the economy is overheating.

Abroad, the ECB meets again on interest rates on Thursday, although after the 50-basis point rise last month, no further move is expected. Of interest elsewhere will be employment data from the US, which may give further strength to the belief that the US economy is heading for a soft landing.

Monday

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Results: Europower, Heavitree Brewery (H1), Intelek, Iveco Magirus, TGI.

A.G.M.: BLP (e.g.m.), DCC, Electronics Boutique.

Meetings: Scottish Radio Holdings chief executive Mr Richard Findlay addresses Institute of Directors lunch; European Commission and French government hold inaugural meeting of France's six-month presidency of the European Union.

Indicators: EMU purchasing managers' index (Jun); British PMI (Jun) and M0 data (Jun); US construction spending (May) and North American Purchasing Managers' Index (May); Japanese foreign reserves (Jun) and Tankan manufacturers' survey (Q2); French PMI (Jun) and new car sales (Jun); Italian producer prices (May) and PMI (May); German PMI (Jun).

Tuesday

Results: Alphameric (H1), Anite Group, Kenwood Appliances, Mentmore Abbey, Scottish & Newcastle, Savills, Vega.

A.G.M.: IFG Group, Quintain Estates.

Indicators: EMU economic sentiment survey (Jun), business survey (Jun) and consumer survey (Jun), unemployment (May) and M1 data (May); Irish Exchequer borrowing (Jun); Italian business confidence (May).

Others: NIB introduces smartcard; Ebookers.ie travel portal site set up.

Wednesday

Results: Bell Pottinger Financial, Birse, British Biotech, Dixons, Heiton Holdings, Northgate, Reg Vardy.

A.G.M.: Bank of Ireland, Compass Group, Donegal Creameries, Granada Group, PNC Tele.com, Yule Catto & Co.

Meetings: Bank of England Monetary Policy Committee meeting (to Thurs).

Indicators: EMU composite purchasing managers' index (Jun) and PMI services index (Jun), retail sales (Apr); British CBI distributive trades survey (Jun), official reserves (Jun) and service sector survey (Jun); US housing completions (May), leading indicators (May) and car figures (May); Japanese lading and coincidental indicators (May); German wholesale sales (May) and service sector survey (Jun); French consumer confidence (Jun); Italian service sector survey (Jun).

Others: European Central Bank President Wim Duisenberg takes part in European Parliament debate on ECB's annual report for 1999; Irish Exporters Association publishes "Websites for Exporters".

Thursday

Results: Cobepa (H1), Oce (H1), Snackhouse (H1).

A.G.M.: BSS Group, Umeco.

Meetings: European Central Bank Governing Council meets (Frankfurt).

Indicators: EMU producer prices (May); Irish total external trade (Mar); British industrial production (May), manufacturing output (May) and construction data (May); US NAPM non-manufacturing (May) and factory orders (May); German unemployment (Jun) and manufacturing new orders (May); Japanese household spending (May); French budget (May);

Others: Pensions Board publishes annual report; British interest rate announcement from Bank of England monetary policy committee; Minister for Public Enterprise ms O'Rourke introduces new car-pooling website.

Friday

A.G.M.: Aminex, Cable & Wireless, Edinburgh Investment Trust, Syltone (e.g.m.).

Indicators: Irish unemployment (Jun) and vehicle licensing (Mar); US employment (Jun), average hourly earnings (Jun) and average working week (Jun); German industrial production (May); French GDP (Q1).

Others: Project Development Centres Enterprise Awards (Dublin Castle).