THIS WEEK the National Treasury Management Agency, which manages the State’s debt, returns to the bond market to raise a further €1.5 billion in funding. The auction is expected to be a success, but the yields paid are likely to be higher than in previous months, given the volatility of sovereign debt markets.
TODAY
Results:Wyeth
Meeting:Opening address by Central Bank governor Prof Patrick Honohan at the INFINITI conference; IIEA evening seminar Europe's sovereign debt crisis
Indicators:EMU Industrial Production (Apr); Irish Ulster Bank Construction PMI (May);
Other:Independent News & Media stock consolidation; Bord Gáis to launch new Irish index to track global energy prices (Aviva Stadium)
TOMORROW
Results:Andor Technology
Meeting:Patrick Honohan before the Oireachtas Joint Committee on Finance and the Public Service; National Dairy Council conference (Clarion Hotel, IFSC); launch of Entrepreneur Skillnet (DCU Ryan Academy; Seedcorn Competition; Fáilte Ireland conference Online Selling Made Easier for Tourism Firms (Galway)
Indicators:EMU Employment Change (Q1) and Trade Balance (Apr); Irish Quarterly National Household Survey (Q1); US Import Price Index (May)
Other:NTMA bond auction;Trading updates from Tesco and Bellway
WEDNESDAY
Results:FedEx
Meeting:Anglo Irish Bank chief executive Mike Aynsley appears before the Oireachtas Joint Committee on Finance and the Public Service; Irish Exporters Association to launch Business Guide To the EU Services Directive and present the Trade Facilitation Gold Medal to Charlie McCreevy (Four Seasons, D4)
Indicators:EMU Consumer Price Index (May) and Labour Costs (Q1); US Producer Price Index (May) and Feds Bernanke speech
THURSDAY
Meeting:C&C egm (Fitzwilliam Hotel, D2)
Indicators:EMU Construction Output (Apr) and ECB Monthly Report; Irish Services Producer Price Index Experimental (Q1); US Consumer Price Index, Jobless Claims (Jun 5), Current Account (Q1) and Philadelphia Fed Manufacturing Survey (Jun); UK Retail Sales (May) and CBI Industrial Trends Survey – Orders; Swiss National Bank Interest Rate Decision
FRIDAY
Meeting:Aer Lingus agm (Crowne Plaza Hotel, Santry); Innovation and Entrepreneurship Bootcamp (DCU); Ibec annual employment law conference Employment Law and Economic Recovery (Burlington Hotel)
Indicators:Irish Output, Input and Income in Agriculture (2009) and Wholesale Price Index (Apr); UK M4 Money Supply (May), Mortgage Approvals (May) and Public Sector Net Borrowing (May); German Producer Price Index (May)
