MNI European Morning Briefing

     LONDON (MNI) - A busy calendar on Wednesday begins with preliminary French

GDP data at 0745GMT, French Consumer Spending figures are released at the same

time.

     At 0800GMT preliminary Spanish HICP figures are to be released.

     Also at 0800GMT Bundesbank Board members Claudia M. Buch und Andreas

Dombret participate in the press conference of the Deutsche Bundesbank on the

publication of the Financial Stability Report 2017, in Frankfurt am Main.

     At 0930GMT UK BoE Money Supply and Lending to Individuals data will be

published.

     A raft of figures for the broader Eurozone are released at 1000GMT.

Economic Sentiment, Industrial Sentiment, Consumer Confidence and Business

Climate indicators are all on the docket.

     Across the Atlantic the first release from the US is the MBA Weekly

Applications Index at 1200GMT.

     At 1300GMT preliminary German HICP figures will hit the wires.

     The secondary reading of US GDP is due at 1330GMT. Third quarter GDP is

expected to be revised up to 3.3% rate of growth from the 3.0% preliminary

estimate, with the key factor being stronger PCE growth than in the advance

estimate. The chain price index is expected to be unrevised at a 2.2% pace of

growth.

     Also at 1330GMT markets will get comments from New York Federal Reserve

Bank President William Dudley who will participate in a moderated discussion at

"Rutgers Fireside Chat" in New Brunswick, New Jersey, with audience Q&A.

     Bank of England Governor Mark Carney will deliver a speech in London. This

will be followed by a speech from Bank of England Deputy Governor Dave Ramsden

at 1430GMT.

     At 1500GMT US NAR Pending Home Sales are scheduled alongside testimony from

FOMC Chair Janet Yellen in front of the Joint Economic Committee in Washington.

     Weekly DoE Crude Oil Stocks data will be released at 1530GMT.

     At 1700GMT ECB Gov. Council member Jens Weidmann gives a speech at RWI

Business Talk 2017, in Essen, Germany.

     San Francisco Federal Reserve Bank President John Williams is to give

keynote address at the 54th Annual Economic Forecast Luncheon Sponsored by

Arizona State University in Phoenix, Arizona, with audience Q&A at 1850GMT.

     Rounding off the day at 1900GMT the FOMC will release their latest Beige

Book update.

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com