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MNI European Morning Briefing

     LONDON (MNI) - A fairly quiet calendar to finish the week. Kicking off the
calendar at 0745GMT is French Wage data,
     Eurozone Trade Balance data is on the docket for 1000GMT.
     BOE Chef Economist Andy Haldane will deliver a speech at 1315GMT, Haldane
will speak at the 26th International Rome Money Banking and Finance Conference
in Palmero.
     Across the Atlantic the first release of the day Is the US Empire State
Manufacturing Survey at 1330GMT. The index is expected to fall to a reading of
17.5 in December from 19.4 in November.
     Also at 1330GMT is the Canadian Monthly Survey of Manufacturing.
     US Industrial Production figures are scheduled for 1415GMT. Industrial
production is expected to rise 0.3% in November after a 0.9% surge in the
previous month. Factory payrolls rose by 31,000 in November, while auto
production jobs were up 2,000 and the factory workweek held steady at 40.9
hours.
     The ISM production index rose to 63.9 in the current month from 61.0 in the
previous month. Utilities production is expected to decline in the month after a
2.0% October gain, as the weather was warmer than normal, while mining
production is forecast to rebound after posting a 1.3% decline due to increase
oil and gas extraction. Capacity utilization is forecast to rise to 77.2% from
77.0% in October.
     At 1500GMT the Atlanta Fed release their Inflation Index.
     The St. Louis Fed release their Real GDP Nowcast at 1600GMT, followed
swiftly by the New York Fed GDP Nowcast at 1615GMT.
     Rounding off the day at 2100GMT is US Treasury International Capital data.
--MNI London Bureau; +44 203 865 3809; email: kieran.williams@marketnews.com

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