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MNI European Morning Briefing

     LONDON (MNI) - It is a packed calendar on Thursday with a whole host of ECB
speakers.
     The economic docket begins on Thursday with Swiss Unemployment figures at
0645GMT.
     German Trade Balance data is out at 0700GMT. At 0730GMT the Bank of France
Business Survey will be published.
     ECB Supervisory Board chair Daniele Nouy will deliver the introductory
statement at the ECON Hearing at the European Parliament, in Brussels at
0800GMT.
     At 1000GMT ECB Executive Board member Benoit Coeure is to participate in a
panel discussion at the 10th edition of Journees de l'economie (Jeco), in Lyon,
France.
     Next up is the EU OECD Leading Indicator at 1100GMT.
     Two ECB board members will give speeches in quick succession; at 1300GMT
ECB Executive Board member Benoit Coeure will participate in a second panel
discussion at the 10th edition of Journees de l'economie (Jeco), in Lyon,
France.
     This is followed at 1315GMT by ECB Executive Board member Yves Mersch who
will give a speech at 1st annual forum "Banking & Technology", in Vienna.
     Across the Atlantic the first release of the day is US Weekly Jobless
Claims at 1330GMT. The level of initial jobless claims is expected to rise by
1,000 to 230,000 in the November 4 week after a 5,000 decrease in the previous
week.
     The four-week moving average would fall by 3,500 in the coming week as the
244,000 level in the October 7 week drops out of the calculation, assuming the
MNI forecast is correct and there are no revisions. As the average was already
at a 44-year low in the previous week, another decline would be significant.
     Also at 1330GMT is the Canadian New Housing Price Index.
     Another ECB board member speech on the docket for 1345GMT, ECB Executive
Board member Vitor Constancio will give a speech at 4th annual Financial
Regulatory Outlook Conference organised by Oliver Wyman and CIGI, in Rome.
     US Bloomberg Comfort Index is scheduled for 1445GMT.
     At 1500GMT US Wholesale Trade Sales and Inventory data will be released.
     US Natural Gas Stocks figures are scheduled for 1530GMT.
     Bundesbank Board member Prof. Dr. Claudia M. Buch will speak at the Bank
evening of the headquarters of German Bundesbank in Bayern, in Munich at
1600GMT.
     At 1630GMT SNB Board member Thomas Jordan is scheduled to give a speech at
CFS Presidential Lectures, in Frankfurt.
     EU ECB Gov. Council member Jens Weidmann will be in conversation with
readers of Leipzig People's Newspaper, in Leipzig, Germany beginning at 1800GMT
     At 1820GMT ECB Executive Board member Sabine Lautenschlaeger will give
speech at the "Monetary, Financial, and Prudential Policy Interactions in the
Post-Crisis World" conference, in Washington D.C.
     Rounding off the day at 2130GMT is US Fed Weekly Money Supply data at
2130GMT.
--MNI London Bureau; +44 203 865 3809; email: kieran.williams@marketnews.com

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