THE ATTENTION of the world at large will no doubt remain riveted on Wall Street and the wider financial sector this week, waiting for the next instalment of the escalating financial market crisis. The full details of the proposed US rescue plan should be made available today. It is expected that the plan will attempt to tackle the root of the problem by helping to free US banks of their bad debts.
TODAY
Results:3Com; Albemarle Bond; Aryzta; Bond International Software; Cape; Lighthouse; Origin Enterprises; Wolseley.
Meetings:International conference on euro adoption with top officials from ECB and European Commission (Bratislava); Sir John Gieve, deputy governor Bank of England to speak at the second annual Family Office Summit (London); European Commission is expected to announce WTO action against India over non-compliance with agreement to cut special duties on imports of wine and spirits (Brussels); World Stem Cell Summit (Wisconsin).
Indicators: UK Rightmove House Prices (Sept); Minutes of Bank of Japan August Policy Meeting.
Other:Comptroller and Auditor General Annual Report.
TOMORROW
Results:AG Barr; Escada; Finsbury Foods; JD Sports; Panmure Gordon; Qualstar.
Meetings:Friends of the Earth QA on Carbon Pricing (Cultivate, East Essex Street, Dublin); Ploughing Championship 2008 (Cuffesgrange, Co Kilkenny).
Indicators:EU Flash PMI (Sept) and Industrial Orders (July); Irish overseas travel (July) and Vehicles Licensed for the First Time (Aug); French Consumer Spending (July/Aug); Italian consumer confidence (Sept); Belgian BNB Business Confidence (Sept).
Other:Launch of Fingal Student Enterprise Programme for Secondary Schools (Carnegie Court, Swords); Minister for Education and Science Batt O'Keeffe will officially launch the Schools' Business Partnership's Annual Report 2007/2008 (Department of Education, Marlborough Street, D1); ECB governing council member George Provopoulos gives a speech on the global credit crisis and its impact on liquidity at a banking conference (Athens).
WEDNESDAY
Results:Alexon; Bed Bath Beyond; Consentino Signature Wines; Juventus Football Club; Nike; Ricardo; Smiths.
Meetings:Launch of new Play Station Portable (Radisson Hotel, Golden Lane, D8).
Other:Bill Cullen launches new suite of Executive Education Programmes (Europa Academy, Swords); trading update from Imperial Tobacco; ECB executive board member Juergen Stark gives a speech on global financial market (Berlin).
THURSDAY
Results:Accenture; Amarin; Lloyds of London; Rite Aid.
Meetings:The Euromoney Covered Bond Congress (Paris); Franco-German economic committee meeting (Berlin); Minco agm (London); Small Firms' Association Annual National Conference (Dublin Castle Conference Centre).
Indicators:EU M3 (Aug); Irish Quarterly National Accounts (Q2); Balance of International Payments (Q2) and External Trade (July); US Durable Goods (Aug); Initial Jobless Claims (w/e Sept 19th) and New Home Sales (Aug); German Gfk Consumer Confidence (Oct); Japanese trade balance (Aug).
Other:Fingal Day of Enterprise (Europa Academy, Swords); Chambers Ireland President's Awards for Corporate Social Responsibility (Crowne Plaza Northwood, Santry, D9); trading update from Daily Mail General Trust; President Nicolas Sarkozy to presents a keynote speech on the state of the French economy (Toulon, France).
FRIDAY
Results:JJB Sports; Westminster; Weathernews.
Meetings:BSkyB agm; ECB executive board member Lorenzo Bini Smaghi, Swedish Riksbank governor Stefan Ingves and others discuss what Europe's central banks should do about financial stability at an event organised by Frankfurt's Center for Financial Studies.
Indicators:Irish Planning Permissions (Q2); US Michigan Sentiment (Sept) and final GDP (Q2).
