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10Y Yield Approaching 23.6% Fibo Support




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MNI European Morning Briefing

MNI (London)
     LONDON (MNI) - Wednesday's morning session will be dominated by the euro
area final services and composite PMI data, giving a good look at the current
condition of the ongoing economic recovery.
     The Spanish services PMI for September will be published at 0715GMT,
followed by the Italian data at 0745GMT, French at 0750GMT, German at 0755GMT
and the euro area amalgamated services and composite data at 0800GMT.
     The UK CIPS/Markit September services PMI will be published at 0830GMT.
     Back on the Continent, at 0900GMT, the EMU August retail sales data will
cross the wires.
     The US calendar kicks off at 1100GMT, with the publication of the MBA
weekly applications index.
     At 1215GMT, the latest ADP Employment Report will be released.
     The US September final Markit Services Index will be published at 1345GMT,
with the ISM Non-Manufacturing Index set for release at 1400GMT. The weekly US
DOE weekly crude oil stocks will be released at 1430GMT.
     ECB President Mario Draghi participates at the Inauguration of the ECB
Visitor Centre, in Frankfurt, starting at 1615GMT.
     St. Louis Federal Reserve Bank President James Bullard will deliver the
welcoming remarks at the Community Banking in the 21st Century Conference in St.
Louis from 1900GMT, before Fed Chair Janet Yellen speaks at 1915GMT.
--MNI London Bureau; tel: +44 203-586-2225; email:
MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

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