MNI Global Morning Briefing

     LONDON (MNI) - The only piece of data in the European morning is at

0700GMT, when Spain releases final HICP for April. In March, y/y growth stood at

1.1% and m/m was at 0.8%.

     Moving to the afternoon at 1230GMT is a triple release with two from the US

and one from Canada.

     Starting with the US is their import/export data. The imports price index

is expected to grow by 0.5% after previous flat growth with the export price

index previously showing growth of 0.3%.

     At the same time, St. Louis Federal Reserve Bank President James Bullard

speaks in Springfield, Missouri.

     At 1300GMT in Canada, BOC Senior Deputy Governor Carolyn Wilkins speaks in

Toronto.

     Next of the speeches is at 1315GMT, when ECB President Mario Draghi takes

to the floor in Florence, Italy.

     The Michigan Sentiment index (1400GMT) is expected to rebound very modestly

to a reading of 99.0 in early-May after dipping to 98.8 in April. Concerns in

the previous month regarding potential trade wars and financial market movements

were less of a factor at the end of April and start of May.

     Finish the calendar, at 2350GMT Sunday, Japan releases their corporate

goods price index. Previous year-on-year growth was at 2.1%.

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