With the Finance Bill approved by the Seanad over the weekend, attention now turns to the impending dissolution of the Dáil, which Taoiseach Brian Cowen is expected to seek tomorrow. While political developments will dominate headlines this week, Wednesday’s live register figures will also attract attention.
Meanwhile on Thursday the European Central Bank (ECB) meets to discuss the euro zone monetary policy. Although no change to official interest rates is expected, markets will be closely watching the tone of the post-meeting press conference, particularly in light of recent comments from the ECB regarding potential inflation risks.
TODAY
Results:
ExxonMobil; Honda; Ryanair
Meeting:
Greencore agm and egm (Conrad Hotel)
Indicators:
EU-17 Flash HICP (Jan); Irish Trade Statistics (Sept); US Personal Income (Dec), Core PCE (December) and Chicago PMI (Jan); UK Land Registry House Prices (Dec); French PPI (Dec); Spanish Flash HICP (Jan)
Other:
Launch of Direct Access to Credit Unions (Dacu), a new multi billion Euro fund for consumer car finance
TOMORROW
Results:
Archer Daniels Midland; BP; Pfizer
Meeting:
EnterpriseSTART workshop series: Starting your own Business in 2011
Indicators:
EU-16 Unemployment (Dec); US Construction Spending (Dec), ISM Manufacturing (Jan) and Vehicle Sales (Jan); UK Nationwide House Prices (Jan), CIPS Manufacturing PMI (Jan) and Mortgage Approvals (Dec); German Unemployment (Jan)
WEDNESDAY
Results: Allergan; Electrolux; Genworth Financial
Indicators: EU-16 PPI (December) Irish Live Register (Jan) and Central Bank Credit, Money and Banking Statistics (to end-Dec); US ADP Employment (Jan)
THURSDAY
Results:
BT; Elan; GlaxoSmithKline; Italcementi; Merck; Unilever
Indicators:
ECB interest rate announcement; US Productivity (Q4), Initial Jobless Claims (w/e Jan 29th), Factory Orders (Dec) and ISM Non-Manufacturing (Jan); UK CIPS Services PMI (Jan)
Other:
Panel discussion on 'EU Financial Services Reform - New Watchdogs with Teeth' (Brussels)
FRIDAY
Meeting:
Deloitte Finance Bill briefing (Four Seasons, D4)
Indicators:
US Non-Farm Payrolls (Jan); Italian Prelim CPI (Jan)
