Business

This week

THIS HOLIDAY-shortened week will be relatively quiet on the business front, with economic indicators fairly thin on the ground…

Mon Mar 15 2010 - 00:00

THIS HOLIDAY-shortened week will be relatively quiet on the business front, with economic indicators fairly thin on the ground. The main focus for the week will be tomorrow’s bond auction by the National Treasury Management Agency, which manages the State’s debt.

This will be the agency’s third monthly bond auction in 2010 and the agency hopes to raise a further €1.5 billion in funding.

MONDAY

Results: Aryzta; Wyeth.

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Indicators: EU employment (fourth quarter); Irish livestock survey (December 09); US Empire State-NY Fed index (March), TICS capital inflows (January), industrial production (February) and NAHB – house builders sentiment (March); UK Rightmove house prices (March); Japanese consumer confidence index (February).

Other: Construction Industry Federation activity report for January/ February due to be published.

TUESDAY

Results: Deutsche Bank; Eureko; French Connection; Nike.

Meeting: ECB executive board member Jürgen Stark speaks on the post-crisis strategy for growth and jobs (Brussels).

Indicators: European Union final HICP (harmonised index of consumer prices) (February); US housing starts (February), import/ export prices (February) and FOMC rate announcement; UK DCLG house prices (January); German ZEW index (March); French final HICP (February).

Other: NTMA bond auction.

WEDNESDAY

St Patrick’s Day bank holiday.

Results: BMW.

Indicators: EU labour cost (fourth quarter); UK claimant count (February), average earnings (three months to January) and Bank of England minutes of March 3rd-4th MPC meeting; Bank of Japan rate announcement.

THURSDAY

Results: Aegis; Benetton; FedEx; Gamestop; HeidelbergCement; Savills; SIG.

Indicators: EU-16 foreign trade balance (January); Irish services producer price index experimental (fourth quarter); US current account (fourth quarter), consumer price index (February) and real earnings (February); UK CBI industrial orders (March).

FRIDAY

Results: Allianz.

Meeting: Fingal Student Enterprise Awards (Crowne Plaza Hotel, Blanchardstown); UCD Earth Sciences Institute with TCD new lecture series Transforming Ireland – Mobilising Innovation and Enterprise to become a prosperous low carbon society.

Indicators: German producer price index (February); Italian industrial orders (January).

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