WITH US Federal Reserve chairman Ben Bernanke’s much anticipated speech at Jackson Hole out of the way, markets now turn their attention to key economic indicators. The spotlight will be on Friday’s US employment report, which is expected to show that the jobless rate remained at 9.1 per cent in August.
On the domestic front, the corporate earnings calendar is pretty full, with the likes of Paddy Power, Aer Lingus and Irish Life & Permanent all due to release interim results in the coming days..
MONDAY
UK summer bank holiday.
Meeting: ECB president Jean-Claude Trichet to give introductory statement at debate on Restoring market confidence: legislative and institutional responses.
Indicators: Irish Retail Sales Index (Jul) and Residential Property Price Index (Jul); US Personal Income/Consumption (Jul) and Pending Home Sales (Jul); UK Hometrack House Prices (Aug); German Prelim CPI (Aug)
Other: Ulster Bank to publish its latest analysis of developments in the Irish economy.
TUESDAY
Results: Bovis Homes; Irish Continental Group; Paddy Power; UTV Media
Indicators: EU-16 Economic Sentiment (Aug); Irish Road Freight Transport Survey (2010) and Resident Holdings of Foreign Portfolio Securities (December 31st 2010); US Case Shiller House Prices (Jun).
Other: Bord Bia and Taste Council of Ireland to host first national symposium on future of the artisan sector
WEDNESDAY
Results: Aer Lingus; Balmoral International Land; bwin.party; Grafton Group; IFG Group; Irish Life Permanent;
Meeting: Free Jobseekers' event to highlight opportunities in the software sector (National College of Ireland, IFSC)
Indicators: EU-17 Unemployment (Jul); Irish Live Register (Aug), Central Bank of Ireland Credit, Money and Banking Statistics (Jun) and Agricultural Price Indices (Jun); OECD Trade figures.
THURSDAY
Results: Laura Ashley; Pernod Ricard
Meeting: Joint Oireachtas Committee on Finance and Public Service to kick off series of consultative meetings with Minister for Finance Michael Noonan.
FRIDAY
Meeting: Prof Patrick Honohon and Matthew Elderfield appear before Joint Oireachtas Committee on Finance and Public Service.
Indicators: EU-17 PPI (Jul); Irish Exchequer Balance (Aug); US Non-Farm Payrolls (Aug)
