After a week that saw Europe’s leaders reach agreement on a new Greek rescue package, attention now turns to the US as its August 2nd deadline for increasing its debt ceiling looms closer. Meanwhile, consumers will come into focus in Ireland in the coming days, with retail sales figures, the CSO’s residential property index and private-sector credit numbers all due out.
Monday
Results: AIB; Ryanair
Meeting: Bank of Portugal Governor and member of ECB Governing Council Carlos Costa to give speech at Banking and Capital Markets Forum (Lisbon)
Indicators: UK Hometrack House Prices (Jul)
Other: Science Foundation Ireland Digital Ireland Workshop (Guinness Storehouse)
Tuesday
Results: Amazon.com; Deutsche Bank; Domino's Pizza; Western Union
Meeting: AIB egm and agm to approve State recapitalisation
Indicators: Irish National Travel Survey (2009); US Case Shiller House Prices (May), Consumer Confidence (Jul) and New Home Sales (Jun); UK Prelim GDP (Q2); German Gfk Consumer Confidence (Aug); French Consumer Confidence (Jul)
Other: Bank of Ireland rights issue closes and results announced
WEDNESDAY
Results: EasyJet; Elan; Provident Financial; Symantec
Meeting: Startup Breakfast Event (DCU)
Indicators: EU-17 M3/3 Month Moving Average (Jun); Irish Residential Property Price Index (June); US Durable Goods (Jun) and Fed Beige Book Published; UK CBI Industrial Orders (Jul); German Prelim CPI (Jul)
Other: National College of Ireland free cloud computing seminar; Annual ACCA Research and Insights Virtual Conference; launch of Top 250 Exporters publication by Minister of State Jan O'Sullivan
THURSDAY
Results: Bristol-Myers Squibb; Danone; Genworth Financial; Lafarge; Lufthansa; Saint-Gobain; Starbucks; Statoil
Meeting: Tate & Lyle agm (London)
Indicators: EC Business Climate Index (Jul) and Economic Sentiment (Jul); Irish Retail Sales Index (Jun) and Trade Statistics (Mar); US Initial Jobless Claims (w/e July 23rd) and Pending Home Sales (Jun); UK CBI Distributive Trades Survey (Jul) and Land Registry House Prices (Jun); German Unemployment (Jul)
FRIDAY
Results: HeidelbergCement; IAG; Italcementi; Siemens; Travis Perkins
Indicators: EU-17 Flash HICP (Jul); Irish Household Credit Growth (Jun), Agricultural Price Indices (Jan-May), Milk Statistics (Jun) and Statistics of Port Traffic (2010); US Prelim GDP (Q2), Employment Cost Index (Q2), Chicago PMI (Jul) and Michigan Sentiment (Jul); UK Mortgage Approvals (Jun) and Gfk Consumer Confidence (Jul); French Consumer Spending (Jun) and PPI (Jun)
Other: Publication of the Central Bank Quarterly Bulletin, and the Credit, Money and Banking statistics
