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MNI European Morning Briefing

MNI (London)
     LONDON (MNI) - Its a busy end to the week, with a host of data expected on
both sides of the Atlantic.
     The European calendar gets underway at 0545GMT, with the publication of the
Swiss unemployment data. At 0600GMT, the German trade data and labour costs will
be released.
     French data is expected at 0645GMT, when the French industrial production
data is published, followed by the Spanish
     There is a string of UK data set for 0830GMT, when the latest trade data,
construction, manufacturing output numbers and the industrial production data
are set for release.
     At the same time, RBA governor Lowe speaks at the Bank of China Sydney
Branch's 75th Anniversary Celebration Dinner, in Sydney. ECB Gov. Council member
Jens Weidmann speaks at the senate reception of the city Hamburg, in Hamburg,
starting at 0900GMT.
     Back in the UK, at 1200GMT, NIESR will publish their latest monthly GDP
estimate.
     Across the Atlantic, the calendar gets underway at 1230GMT, with the
publication of the Canadian Labour data and Canadian capacity utilisation.
     Philadelphia Federal Reserve Bank President Patrick Harker will speak on
Consumer Finance Issues at New Perspectives on Consumer Behaviour in Credit and
Payments Markets Conference in Philadelphia, starting at 1245GMT.
     The US wholesale trade data will be published at 1400GMT.
     The St. Louis Fed Real GDP Nowcast will be released at 1500GMT, with the NY
Fed GDP Nowcast expected at 1515GMT.
     Late US data sees the US Consumer Credit and Treasury Allotments released
at 1900GMT.
     Consumer credit is expected to rise by $15.0 billion in July after a $12.4
billion rise in June. Retail sales rose 0.6% and were still up 0.5% excluding a
1.2% surge in motor vehicle sales
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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