CONSUMER PRICE index data due out in a number of countries over the days ahead will be closely watched for any evidence of inflationary pressures caused by rising commodity prices.
Meanwhile, the ECB meets on Thursday. No change to official interest rates is expected, but markets will be paying attention to the tone at the post-meeting conference.
MONDAY
Results: Alcoa
Meeting: Citi's annual Research Day (Shelbourne Hotel); investment announcement at Label One (Belfast)
Indicators: EU-17 Sentix Investor Sentiment (Jan); Irish Industrial Production Turnover (Nov) and Ulster Bank PMI (Dec); French Industrial Production (Nov)
Other: Persimmon interim management statement
TUESDAY
Results: Wyeth
Indicators: US Wholesale Inventories/Sales (Nov); UK BCC Quarterly Manufacturing Survey (Q4), BRC Retail Sales (Dec), RICS House Price Balance (Dec) and DCLG House Prices (Nov); Japanese Current Account (Nov)
WEDNESDAY
Indicators: EU-16 Industrial Production (Nov); US Import/Export Prices (Dec) and Federal Budget (Dec); UK Trade/Non-EU (Nov); German Annual GDP (2010); Italian Industrial Production (Nov); Japanese Economy Watchers Index (Dec)
THURSDAY
Results: Intel; Südzucker
Meeting: Public Accounts Committee meeting on Comptroller and Auditor General report on Nama; publication of new ESRI study on parental involvement in post-primary education
Indicators: ECB interest rate announcement; US International Trade Balance (Nov) and Initial Jobless Claims; UK Industrial Production (Nov) and BoE Interest Rate Announcement; French Final HICP (Dec); Japanese Domestic Wholesale Prices (Dec)
FRIDAY
Results: JP Morgan
Indicators: EU-16 Final HICP (Dec); Irish Milk Statistics (Nov), Industrial Stocks (Q3), Capital Assets in Industry (Q3) and Tourism and Travel (Q1); US CPI (Dec), Retail Sales/Ex Autos (Dec), Industrial Production (Dec), Michigan Sentiment (Jan Prelim) and Business Inventories (Nov); UK PPI – Input (Dec); German Final CPI (Dec); Italian Final CPI (Dec)
Other: C&C interim management statement