WITH THE Budget out of the way, the focus this week will turn to economic data relating to the third quarter. Employment and GDP numbers out this week are expected to show an improving underlying trend, compared to quarter two.
MONDAY
Results:
VeriFone
Indicators:
EMU employment change (Q3) and industrial production (Oct); Irish Ulster Bank Construction PMI (Nov); UK Rightmove House Price Index (Dec); Japanese industrial production (Oct) and capacity utilisation (Oct); Swiss producer and import prices (Nov); Canadian capacity utilisation (Q3); OECD Harmonised Unemployment Rates
Other
: US Embassy video conference with Steven Chu, US Secretary of Energy speaking in Copenhagen
TUESDAY
Results:
Adobe Systems; Sitserv; Mittel
Meeting:
Worldspreads agm (Mont Clare Hotel, D2); “Yield the Right Way: The Outlook for Ireland's Property Market” seminar with Daft.ie economist Ronan Lyons (MBA Room, TCD); Smurfit Kappa media briefing; Elan to present at Duetsche Bank Securities Biotech Boston confab conference
Indicators
: EMU Zew survey (Dec); Irish Planning Permissions (Q3); US producer price index (Nov), NY Empire State manufacturing index (Dec), capacity utilisation (Nov), industrial production (Nov) and NAHB housing market index (Dec); UK consumer price index (Nov); DCLG house price index (Oct) and retail price index (Nov); German Zew survey - economic sentiment (Dec); Swiss industrial production (Q3); Canadian leading indicators (Nov); Australian Westpac leading index (Oct); Japanese tertiary industry index (Oct)
Other:
Blogging Training (Filmbase, D2); Cadbury workers launch bid to fend off takeover bid by Kraft (Cadbury Club, Birmingham)
WEDNESDAY
Results
: Apogee Enterprises
Indicators:
EMU consumer price index (Nov); Irish Quarterly National Household Survey, – employment (Q3). US Fed interest rate decision; UK average earnings excluding bonuses (Oct), claimant count rate (Nov), jobless claims change (Nov) and ILO unemployment rate (Oct);. Australian GDP (Q3)
THURSDAY
Results:
Escada; FedEx; General Mills; Nike; NTR: Rite Aid
Meeting
: Irish Life & Permanent egm ( RDS, D4
Indicators:
Irish Quarterly National Accounts - GDP (Q3), Services
Producer Price Index Experimental (Q3) and Balance of International
Payments (Q3); Japanese leading economic indicator (Oct)
Other:
Travis Perkins interim management statement
FRIDAY
Meeting
: EBS special members' meeting to approve merger with Irish Nationwide, and the necessary State injection; Irish Nationwide special members meeting to approve merger with EBS (RDS, Ballsbridge, Dublin 4)
Indicators:
Irish Public Sector Employment and Earnings (Sept), Institutional Sector Accounts Financial (2002-2008) and Production in Building and Construction Index (Q3); Bank of Japan interest rate decision.
