Markets will be paying close attention to the US Federal Reserve this week, with the central bank’s open market committee expected to maintain a zero rates policy when it meets on Tuesday.
In terms of Irish data it’s a busy week, with official employment figures for the third quarter expected to be published on Monday, external trade numbers for October due out on Thursday, and fresh GDP data scheduled for release on Friday.
MONDAY, December 12th
Meeting:Enterprise Ireland Mergers And Acquisitions Workshop (East Point Business Park)
Indicators:Irish Quarterly National Household Survey (Q3), Capital Assets in Industry (Q2), Industrial Stocks (Q3), Information Society Statistics Enterprise Statistics (2011) and Construction PMI (Nov); US Federal Budget (Nov); OECD Composite Leading Indicators
Other:Greece holds talks with representatives of private sector creditors in Athens about a bond swap aimed at halving the nation's debt obligation to them; OECD launches economic survey of Israel 2011
TUESDAY, December 13th
Results:Carpetright
Meeting:Enterprise Ireland Family Business Conference with Prof Joachim Schwass of IMD Business School, Switzerland (East Point Business Park, D3); Cork City Enterprise Board branding clinics; Fingal Enterprise Board Ideas Generation Workshop; Chartered Accountants Ireland 'Ethics Today' conference - speakers include Minister for Public Expenditure & Reform Brendan Howlin; Launch of 'Options for Irish Water', a Chambers Ireland white paper
Indicators:US Retail Sales/Ex Autos (Nov) and Business Inventories (Oct); UK DCLG House Price Index (Oct) and RICS House Price Balance (Nov); German ZEW Index (Dec); French Final HICP (Nov)
Other: FOMC holds one-day meeting on interest rates, announces decision on interest rates and issues policy statement (Washington); OECD Harmonised Unemployment Rates; OPEC Publishes Monthly Oil Market Report
WEDNESDAY, December 14th
Results: Betfair; Thomas Cook; Verifone Systems
Meeting:Energy Ireland Rethinking Electricity Conference (Crowne Plaza Hotel, Santry); ESRI Conference on Economic Renewal: Public Services
Indicators: EU-17 Industrial Production (Oct); US Export / Import Prices (Nov); UK Claimant Count (Nov) and Average Weekly Earnings (3 Mths to Oct)
Other:Greek Prime Minister Lucas Papademos, Finance Minister Evangelos Venizelos, EU task force head Horst Reichenbach and IMF mission chief Poul Thomsen to speak at economic conference organised by the American-Hellenic Chamber of Commerce
THURSDAY, December 15th
Results:Accenture
Indicators:EU-17 Employment (Q3) and Final HICP (Nov); Irish Wholesale Price Index (Nov), External Trade (Oct) and Services Producer Price Index Experimental - Selected Services (Q3); US Current Account (Q3), Initial Jobless Claims (w/e Dec 10th) and Industrial Production (Nov); UK Retail Sales (Nov) and CBI Industrial Orders (Dec)
Other:ECB publishes monthly bulletin
FRIDAY, December 16th
Meeting:Mullingar Chamber Dinner (Bloomfield House Hotel)
Indicators: Irish Balance of International Payments (Q3), Quarterly National Accounts - GDP (Q3), Output, Input and Income in Agriculture (2011 -Advance Estimate ), and Production in Building and Construction Index (Q3); US CPI (Nov); French Business Climate (Dec)
