Business Irish

Friday 22 September 2017

Insurance data in focus after EU raids

Friday will see a big batch of US banks reporting to kick off the earnings season. Stock photo: Reuters
Friday will see a big batch of US banks reporting to kick off the earnings season. Stock photo: Reuters
Donal O'Donovan

Donal O'Donovan

Given the high profile and ongoing EU competition probe into the sector, Central Bank motor insurance statistics due on Friday will be intensely watched.

Retail interest rate data is due from the bank the same day.

It's a busy week for Irish economic data, with everything from new cars sales data to the quarterly national accounts due to be published.

On the corporate side, Friday will see a big batch of US banks reporting to kick off the earnings season.

In terms of earnings, technology is set to be a big focus with Microsoft and IBM reporting next week and Alphabet (Google), Facebook and Intel all due to report later in the month.

New car registrations for June - the first '172' number plates - are due today and expected to show the sector still down compared to last year as weak sterling boosts second-hand UK imports even over competition from cheap forecourt financing deals for new vehicles.

The CSO will publish its residential property index tomorrow, helping put firm numbers on house prices in May.

Irish Independent

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