THE US housing market will remain centre stage this week, with key home sales figures due to be released. It is anticipated that all of the data will show declines.
Markets will be keeping a close eye on corporate earning reports and trading statements, which could cause considerable stock market volatility.
Monday
Results:Apple; Bank of America; Boston Scientific; Domino's Pizza (UK & Irl); Merck; QLogic; SanDisk; Schering-Plough; Texas Instruments
Meetings:ICON agm
Indicators: Irish trade statistics (Mar); US Leading Indicators (June) and Johnson Redbook Retail Sales Index; UK Rightmove House Prices (July)
Other:Bord na Móna annual report; World Trade Organisation (WTO) holds meeting of a select group of ministers to push the Doha round of global free trade talks toward conclusion (Geneva); Irish Farmers' Association holds Mandelson WTO demonstration
Tuesday
Results:ICON; Caterpillar; DuPont; Gentex; JetBlue Airways; Trinity Biotech; US Airways; XTO Energy; Yahoo
Indicators:US Richmond Fed Manufacturing Survey, ABC/Washington Post Consumer Confidence (July 20) and Housing Price Index (June); Italian consumer confidence (July); Japanese All Industry Activity Index (May)
Other:Bank of England's Governor King speech; launch of interim report on Irish Aid by the Public Accounts Committee; trading update from Vodafone
Wednesday
Results:Allegheny Technologie; Amazon.com; AT&T; Citrix Systems; ConocoPhillips; EMC; GlaxoSmithKline; McDonald's; PepsiCo; Pfizer; Volkswagen
Indicators:EU industrial orders (June); Irish earnings in distribution and business services (Mar), and external trade (May); US MBA Mortgage Applications (Jul 18) and Fed Beige Book; UK CBI industrial orders (July) and external trade balance (May)
Other:Bank of England minutes
Thursday
Results:3M; Bristol-Myers Squibb; Capita; Credit Suisse; Daimler; Elan; Eli Lilly; Flextronics; Invesco; Rolls-Royce; Xerox; Yell
Meetings:IAWS egm (Four Seasons)
Indicators:EU flash PMI (June); Irish wholesale price index (June); US existing home sales (June) and jobless claims (w/e 19th July); UK retail sales (June); German IFO business climate index; French business climate index (July); Italian business confidence (July); Japanese trade balance (June)
Other:Minister Jimmy Devins to launch Science Foundation Ireland's (SFI) annual report 2007 and announce a funding award under SFI's Research Frontiers Programme; trading update from Imperial Tobacco
Friday
Results:Infineon Technologies
Indicators:EU Balance of Payments (May) and M3 money supply (June); Irish building and construction production (Q1); US new home sales, dairy products prices, durable goods orders (June) and Reuters/ Michigan Consumer Sentiment Index (July); UK GDP (Q2) and Index of Services (May); Japanese National CPI (June)
Other:Trading update from Britvic
