** IDP Education IEL.AX set to drop ~3% this week; on track for steepest weekly loss in a month
** IELTS owner's stock lost 2% on Tuesday as Macquarie retained "neutral" rating with PT of A$6, citing tough near-term outlook on student demand
** IEL currently up 1.1% at A$5.165
** YTD, stock falls ~60%
($1 = A$1.5122)
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))