Trial now
MNI

Coming up in the Asia-Pac session on Tuesday:

ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Heading North

G7

Health Ministers Release Joint Statement

AUDUSD TECHS

Heavy!

MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - Tuesday sees a quiet data day in Europe, but there are a
string of central bank appearances throughout the morning.
     At 0700GMT, ECB Governing Council member Philip Lane speaks at the ECB
Sintra Forum on Central Banking as part of a panel on macroeconomic perspectives
on price and wage setting.
     The first European data release comes at 0800GMT, with the publication of
the EMU current account data.
     Back in Sintra, at 0800GMT, ECB President Mario Draghi speaks on Central
Banking, before Executive Board member Peter Praet chairs a forum at 0830GMT.
     At 0900GMT, the latest EMU construction production data will cross the
wires.
     ECB Supervisory Board member Pentti Hakkarainen will deliver the SAFE
Policy Lecture at House of Finance, Goethe University, in Frankfurt, starting at
1015GMT.
     Returning to the Sintra agenda, and St. Louis Federal Reserve Bank
President James Bullard speaks on Macroeconomics of Price and Wage Setting from
1100GMT.
     Across the Atlantic, the US data calendar gets underway at 1230GMT, with
the release of the May housing starts, followed by the Redbook Retail Sales
Index at 1255GMT.
     The seasonally adjusted pace of housing starts is expected to rebound to a
1.320 million annual rate in May after slipping back in April. The NAHB index
rose to 70 in May from 68 in April. As inventories remain tight, builders will
likely find it advantageous to boost output. The pace of building permits is
expected to slip further from the revised 1.364 million rate in April.
     At 1300GMT, ECB Supervisory Board chair Daniele Nouy speaks at the ECON
Hearing at the European Parliament, in Brussels.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com