THE KEY focus this week will be on the exchequer returns up to the end of the third quarter, with tax receipts expected to come in ahead of target. Live register figures are likely to underline the continued weakness in the labour market.
Monetary policy is likely to dominate the headlines this week with the ECB making policy announcements on Thursday.
MONDAY
Meeting: Launch of midlands business angels network Lir Investors (Mullingar Park Hotel).
Indicators: Emu PMI manufacturing (September); Irish manufacturing PMI (September); US Construction Spending (August) and ISM manufacturing (September); UK PMI manufacturing (September) .
Other: OECD symposium on financial crisis management and the use of government guarantees; Financial Stability Board of global regulators and central bankers meet to finalise capital surcharge on world's top banks (Switzerland).
TUESDAY
Results:Wolseley.
Meeting: Ecofin meeting; EU-Brazil Business Summit (Brussels).
Indicators:EMU PPI (August); Irish exchequer returns; US factory orders (August) and Fed's Ben Bernanke testifies; UK PMI construction (September), BRC retail sales monitor (September) and Halifax house prices; OECD consumer price indices.
Other:Publication of Central Bank quarterly bulletin; Responsible Ireland survey results published; Greek umbrella private and public sector unions to hold 24-hour strike.
WEDNESDAY
Results: Sainsbury's; Tesco.
Meeting:Industrial products EHS forum (Ibec); Towns of Excellence Institute national conference Serve Best To Profit Most– speakers include Seán Gallagher (Talbot Hotel, Carlow); Minister for Communications Pat Rabbitte to launch NDRC's annual report 2010-2011; G20Y summit of young business leaders (Paris).
Indicators: EMU retail sales (August); Irish live register (September) and services PMI (September); US ADP employment change (September), ISM non-manufacturing (September) and MBA mortgage applications; UK PMI – services (September), current account (Q2), GDP (Q2) and total business investment (Q2); German PMI – services (September)
Other:German chancellor Angela Merkel to meet European Commission president José Manuel Barroso; launch of IMF's economic outlook for Europe.
THURSDAY
Meeting: Ibec HR leadership summit (Dublin Convention Centre); finance workshop for non-financial directors (Institute of Directors in Ireland, Sandyford).
Indicators: US initial jobless claims (September 30th) and continuing jobless claims (September 24th); UK index of service (July).
Other:ECB interest rate decision; Bank of England interest rate decision; Morgan McKinley Irish employment monitor (September).
FRIDAY
Meeting:Abbey agm (Conrad Hotel, D2)
Indicators:US non-farm payrolls (September), unemployment rate (September), average hourly earnings (September) and consumer credit change (August); UK PPI (September); German unemployment rate (September).
