OVER THE weekend, policymakers gathered for IMF, World Bank and G20 meetings amid growing tensions over recent currency movements.
In advance of these meetings there was some expectation that statements might be issued to address the decline of the dollar, but if this has not transpired, and US data continues to disappoint, it is expected that the greenback will remain under pressure.
MONDAY
US Columbus Day holiday (stock market open)
Results: Novellus Systems
Indicators: Irish Industrial Production Turnover (Aug) and Ulster Bank Construction PMI (Sept); French Industrial Production (Aug); OECD Composite Leading Indicators
Other: Covidien to announce RD investment in NUI Galway (Merrion Hotel)
TUESDAY
Results: CC; Intel
Meeting: Central Bank Governor Patrick Honohan to give address on Ireland: Recovering from the Financial Crisis (Philadelphia); Budget Perspectives conference co-hosted by ESRI and the Foundation for Fiscal Studies; TIF annual conference The Next Economy: Transforming Irelands Future (Dublin Castle Conference Centre)
Indicators: Irish Vehicles Licensed for the First Time (Sept); US FOMC publishes minutes of September 21st Meeting; UK BRC Retail Sales (Sept), RICS House Price Balance (Sept), DCLG House Prices (Aug) and CPI (Sept); German CPI Final (Sept) and Wholesale Prices (Sept); OECD Harmonised Unemployment Rates
WEDNESDAY
Results: Elan; JPMorgan Chase Co; Trinity Biotech
Meeting: Glen Dimplex chief executive Seán O'Driscoll to make keynote address at Dublin Chamber of Commerce's Green Economy Forum; Executive Leadership Breakfast Briefing (Burlington Hotel, D4); Dún Laoghaire Rathdown Chamber – M50 Corridor Speed Networking Event; Resource Ireland event (RDS); Sustainable Business Exhibition (RDS); IAPF Annual Benefits Conference (Aviva Stadium)
Indicators: EU-13 Industrial Production (August); US Export/Import Prices (Sept); UK Average Weekly Earnings (Aug) and Claimant Count (Sept); French HICP Final (Sept)
THURSDAY
Results: Google
Meeting: Diageo agm (London); National Offshore Wind Association of Ireland's third annual conference - speakers include Taoiseach Brian Cowen (Burlington Hotel, D4)
Indicators: Irish CPI (Sept) and Vital Statistics (Q1); US Initial Jobless Claims (w/e Oct 9th), International Trade Balance (Aug) and PPI (September)
FRIDAY
Meeting: Douglas Hyde conference themed Inside Creativity : Education, Innovation, Economy and Society to be opened by Minister for Culture Mary Hanafin (to Saturday, Abbeyfield Hotel, Co Roscommon); Over 50s Show (RDS); School for Start Ups one-day seminar – with Dragons' Den star Doug Richard (Letterkenny Institute of Technology).
Indicators: EU-16 HICP Final (Sept) and Foreign Trade Balance (Aug); Irish Industrial Stocks (Q2), Capital Assets in Industry (Q2) and Resident Holdings of Foreign Portfolio Securities (December 31st 2009); US CPI (Sept), Empire State/NY Fed Manuf. Index (Oct), Real Earnings (Sept), Retail Sales (Sept), Michigan Sentiment (Oct) and Business Inventories (Aug).
