THE SILLY season finally draws to a close this week, with many of the heavyweights of the Irish stock exchange reporting interim results. Among those reporting are Irish Life Permanent, Aer Lingus, Independent News Media, Irish Continental and food groups Glanbia and Kerry.
The key economic event of the week will be on Friday, when the Central Bank releases data on private-sector credit and mortgage lending for July.
The figures are expected to show that the private-sector credit annual growth rate eased again last month, while the level of residential mortgage borrowing is also expected to show a further year-on-year decline.
Today
UK public holiday.
Results: Datalex
Indicators: Irish US existing home sales (July); German import prices (July); Spanish producer prices (July).
Other: Chinese president Hu Jintao in South Korea (until August 26th) for talks about North Korea and economic co-operation.
Tomorrow
Results: Axon, Babcock Brown Infrastructure, Bank of Nova Scotia, Blackrock International Land, Borders, Bovis Homes, Bunzl, Cairn Energy, CRH, J Crew, John Wood, Kerry Group, Rio Tinto, UTV Media, Woolworths.
Meetings: FBD egm
Indicators: US new home sales (July), Conference Board Consumer Confidence Index (July), Richmond Fed Manufacturing Survey, ICSC weekly chain store sales, Johnson Redbook retail sales index and Case-Shiller house prices (June); German GDP (Q2) and Ifo survey (Aug); Japanese corporate services price index (July).
Other: Minutes from US Federal Reserve Open Market Committee meeting.
Wednesday
Results: Antofagasta, American Eagle Outfitters, Benihana, FBD, Glanbia, Hargreaves Lansdown, Heineken, Independent News Media, Irish Life Permanent, Johnston Press, Kingspan, Paddy Power, Taylor Wimpey, Tullow Oil, Yule Catto.
Indicators: Irish vital statistics (2007), Vehicles licensed for the first time (July) and road freight transport survey (2007); US durable goods (July); UK CBI quarterly distributive trades survey (Q2); Spanish GDP (Q2).
Thursday
Results: Aegis, Aer Lingus, Air Berlin, Avis Europe, Dell, De Longhi, Diageo, Eircom, Eureko, Jamba Juice, Marvell Technology, McInerney Holdings, Omnivision Technologies, Parmalat, Premier Foods, Sears, Tiffany
Meetings: Iona Technologies egm (Herbert Park Hotel, Ballsbridge, Dublin)
Indicators: EU business and consumer confidence indices (Aug) and M3 (July); Irish agricultural price indices (June) and overseas travel (June); US GDP (Q2), jobless claims (August 23rd) and money supply ( w/e Aug 18th); UK BBA mortgage approvals (August); German unemployment figures (July) and CPI (Aug); Italian producer prices (July).
Friday
Results: Benetton, Bradford Bingley, Clarins, Dana Petroleum, Grafton Group, IFG, Irish Continental, PartyGaming, Regus.
Indicators: EU HICP (Aug) and unemployment rate (July); Irish Central Bank monthly statistics, including private-sector credit figures (July); US personal income and spending (July) and University of Michigan Consumer Confidence Index (August) and Chicago Purchasing Manager (August); UK consumer confidence; Italian CPI (August) and retail sales (June); CPI (August), construction orders (July) and housing starts (July).
