The New Year gets off to a quiet start this week, with few business events pencilled in for the coming days. However two key economic indicators are scheduled for release, with exchequer returns for 2011 expected on Wednesday, and unemployment figures for December due out on Thursday.
MONDAY, January 2nd
Indicators: EMU Purchasing Manager Index Manufacturing (Dec); German Purchasing Manager Index Manufacturing (Dec)
TUESDAY, January 3rd
Indicators:US Construction Spending (Nov), ISM Manufacturing (Dec) and ISM Prices Paid (Dec); UK Purchasing Manager Index Manufacturing (Dec); German Unemployment Rate (Dec)
Other:US Federal Open Market Committee issues minutes from its December 13th interest rate meeting
WEDNESDAY, January 4th
Indicators:EMU Purchasing Manager Index Services (Dec); Irish Exchequer Returns for 2011; US MBA Mortgage Applications (Dec 30th), Factory Orders (Nov) and Total Vehicle Sales (Dec); UK M4 Money Supply (Nov), Mortgage Approvals (Nov), Net Lending to Individuals (Nov) and PMI Construction (Dec); German Purchasing Manager Index Services (Dec); Japanese Monetary Base (Dec)
THURSDAY, January 5th
Meeting:Minister for Jobs Richard Bruton, IDA Ireland Chairman Liam O'Mahony and IDA Ireland Chief Executive Barry O'Leary will provide a briefing on Foreign Direct Investment in Ireland in 2011
Indicators:EMU Industrial New Orders (Nov) and Producer Price Index (Nov); Irish Live Register (Dec); US ADP Employment Change (Dec), Initial Jobless Claims (Dec 31st), Continuing Jobless Claims (Dec 24th), ISM Non-manufacturing (Dec) and EIA Crude Oil Stocks change (Dec 30th); UK Halifax House Prices (Dec) and Purchasing Manager Index Services (Dec); German Retail Sales (Nov); Canadian Raw Material Price Index (Nov)
Other:Economic Outlook 2012 presented by the Economic Club of Canada (Toronto); IMF Chief Christine Lagarde to visit South Africa (to Jan 7th)
FRIDAY, January 6th
Meeting: American Economic Association annual meeting (Chicago)
Indicators:EMU Consumer Confidence (Dec), Economic Confidence (Dec), Industrial Confidence (Dec) and Retail Sales (Nov); US Nonfarm Payrolls (Dec), Unemployment Rate (Dec), Average Hourly Earnings (Dec) and Average Weekly Hours (Dec); German Factory Orders (Nov); Swiss Consumer Price Index (Dec); Canadian Unemployment Rate (Dec)
Other:EasyJet traffic figures; Robert Walters trading note
