Fed set for further cut

The US Federal Reserve is widely expected to cut rates again when it meets this week; the debate in the markets is over its extent…

The US Federal Reserve is widely expected to cut rates again when it meets this week; the debate in the markets is over its extent, with the majority view being that a half-point cut is in the offing.

At home, Ryanair will top the corporate news reporting what is expected to be another strong set of annual figures.

Monday

Results: Bord Gais, First Property Online, Health Clinic, Majestic Wine, Ryanair, Tribal Group, Unilever, Workspace.

READ MORE

Indicators: Irish industrial production (Apr); British business investment (Q1); German consumer prices (Jun), produce prices (May) and import prices (May).

Others: Central Bank publishes summer bulletin; Minister for Labour Mr Tom Kitt presents Young Business Writer of the Year awards (DCU); First day of trade on virt-x pan-European blue-chip stock exchange in Zurich and London.

Tuesday

Results: 3Com (Q4), AEA Technology, Airflow Streamlines, Atlantic Telecom Group, Avesco, Beale (H1), Berkeley, BSS Group, Carpetright, Claims Direct, Convergent Communications, Maelor, Precoat International, TBI.

A.G.M.: IFG Group, Firth Holdings.

Meetings: Accenture conference on shared services (Four Seasons Hotel, Dublin); IIR Conference - Electronic Commerce Act 2000 & Legal EBusiness in Ireland.

Indicators: Irish agricultural prices (May); British GDP (Q2) and current account (Q1); German import prices (May); French consumer prices (May) and housing starts (May); Italian unemployment (Apr).

Others: Second annual Irish Echo business awards to top US companies in Ireland (K Club); PricewaterhouseCoopers publishes European technology Investment Report Money For Growth; Commission on Aviation Regulation publishes draft notice of maximum charges for Dublin Airport; Aer Lingus and eight other European airlines introduce new on-line travel service.

Wednesday

Results: Allen, Arthur Shaw & Co (H1), Comelon (H1), Greene King, Mondas, Northgate, Saville Gordon Estates, Teather & Greenwood, Vtech Holdings, Xansa.

A.G.M.: Pixelpark, Ryan Hotels.

Meetings: US Federal Reserve Open Markets Committee meets; Small Firms Association annual conference (Dublin Castle); IIR Conference - Data Protection in Ireland.

Indicators: EMU current account (Apr); Irish industrial employment, earnings and hours worked (Mar); Italian retail sales (Apr).

Thursday

Results: Coffee Republic, Crest Nicholson (H1), Fayrewood, FedEx Group (Q4), First Technology, Fitness First (H1), ID Data, Nike (Q4), Reliance Security Group, Scoot.com (Q1), Smith (David S) (Holdings), Swan (John), Tomkins, XKO.

A.G.M.: Dairygold, Viridian.

Meetings: Retirement Planning Council of Ireland silver jubilee celebration (Herbert Park Hotel, Dublin); IIR Conference - Data Protection & Electronic Commerce Act 2000; Seminar on sourcing staff between France and Ireland (Old Jameson Distillery, Dublin); Irish French Chamber of Commerce/Approach People se

Indicators: Irish external trade (Apr); French business confidence (Jun) and industry survey (Jun); Italian consumer prices (Jun) and wages (May).

Others: Ispat Ireland creditors' meeting.

Friday

Results: Akzo Nobel (Q2), Peel Holdings.

A.G.M.: Gazprom, Scottish Provident (e.g.m.).

Meetings: European Commission and The World Bank hold donors conference for Yugoslavia (Brussels).

Indicators: Irish retail sales index (Apr), industrial turnover(Apr), employment in construction (Mar), industrial disputes (Q1) and tourisam and travel data (Q1); British consumer confidence (Jun) and consumer credit (May); French producer prices (May) and unemployment (May).

Others: Institute to Study International Integration set up (Trinity College, Dublin).