EUROPE’S SOVEREIGN debt crisis will remain centre stage again this week, with Greek prime minister George Papandreou due to meet German chancellor Angela Merkel tomorrow.
In terms of economic data, US GDP figures for Q2 will be closely scrutinised for indications as to whether or not the world’s largest economy is on course for a fresh recession. On the domestic front, Wednesday’s retail sales figures are expected to show a fall in headline expenditure for August, due to weaker car sales.
MONDAY
Results: Aryzta; Continental Farmers Group
Meeting: Women Mean Business Conference and Awards 2011 (Shelbourne Hotel)
Indicators: Irish Residential Property Price Index (Aug); US New Home Sales (Aug); German IFO (Sep)
TUESDAY
Meeting: SFA Annual Conference (Dublin Castle Conference Centre); "Shop 2011" retail and hospitality fair (RDS)
Indicators: Irish Trade Statistics (May); US Richmond Fed Manufacturing Index (Sep) and Consumer Confidence (Jul); German Gfk Consumer Confidence Survey (Oct)
WEDNESDAY
Meeting: Aer Lingus investor day (London)
Indicators: Irish Retail Sales Index (Aug) and Agricultural Price Indices (Jul); US MBA Mortgage Applications and Durable Goods Orders (Aug); German Consumer Price Index (Sep) and Retail Sales (Aug)
THURSDAY
Results: Zamano
Meeting: Ryanair agm (Radisson Hotel, Dublin Airport)
Indicators: Irish Survey on Income and Living Conditions – Thematic Report on the Elderly (2004 and 2009); US GDP annualised (Q2), Gross Domestic Purchases Price Index (Q2) and Pending Home Sales (Aug); UK M4 Money Supply (Aug) and Consumer Credit (Aug); German Unemployment Rate (Sep) Other: Fingal Enterprise Awards (Europa Academy, Swords); The National Internet Retailing Summit
FRIDAY
Indicators: Irish Quarterly International Investment Position and External Debt (June 30th), Service Exports and Imports (2009 and 2010), Milk Statistics (Aug) and Planning Permissions (Q2); US Reuters/Michigan Consumer Sentiment Index (Sep) and Chicago Purchasing Managers Index (Sep); UK GDP (Q2) and Total Business Investment (Q2)
