THE WEEK AHEAD

COMPANY NEWS
● Rupert Murdoch’s News Corp will launch the first iPad only newspaper on Wednesday, The Daily.

● The oil giant Exxon Mobil reports earnings today.

● As does budget airline RyanAir, which releases its third quarter earnings results today.

● Tomorrow the iPhone chip manufacturer ARM Holdings releases its fourth quarter results, which should have benefitted from demand for iPhones.

● Mining group Antofagasta releases its fourth quarter production results on Wednesday.

ECONOMICS NEWS
● The European Central Bank (ECB) releases it’s preliminary estimate of the HICP measure of inflation for January.

● The USA’s personal income and spending statistics are out today at 1:30pm.

● As is the Chicago Fed’s purchasing managers index (PMI) for January, which is due out at 2:45pm

● Germany’s unemployment rate statistic will be released tomorrow. HSBC predicts it will be 7.4 per cent.

● The UK’s manufacturing PMI figure is out tomorrow, with the consensus estimating expansion at 58.

● The European Monetary Union (EMU) posts its unemployment rate estimate for December tomorrow - expected to be around 10.1 per cent.

● The American ADP measure of employment comes out on Wednesday.

● On Thursday, the British PMI services index for January will be released, expected to show a flat 50.0

● The ECB announces its policy rate decision on Thursday. It is widely expected to keep rates at 1 per cent.

● The American non-farm payrolls data comes out on Friday at 1:30pm.

POLITICAL NEWS
● The Burmese Parliament is to convene today for the first time since the countries landmark elections three months ago – the first in 20 years.

● President Obama will tomorrow visit Pennsylvania for the annual Groundhog Day winter festival.

● The outgoing Irish Prime Minister, Brian Cowen, is to dissolve Parliament tomorrow and announce a date for a national election, after which he will stand down.

● President Lee Myung-bak of South Korea will give a live broadcast tomorrow to discuss diplomacy and security in the Korean peninsular.