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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - A quiet Friday is on the cards with most of the data
releases out of the way early, meaning a very quiet afternoon.
     The calendar starts at 0600GMT, with the release of Germany's Producer
Prices. Previously, the PPI y/y figure grew by 2.7%. Up next is the Euro Area
current account data at 0800GMT. The previous current account recorded a surplus
of EUR 28.4 bn.
     The Public Sector Finances is at 0830GMT in the UK. Public sector net
borrowing excluding banks is expected to remain unchanged in June from its May
prior at stg5 bn.
     The Euro Area's government debt is at 0900GMT. Previously debt as a
percentage of GDP stood at 86.7%.
     St Louis Fed President James Bullard Speaking is set to to speak in
Glasgow, KY from 1220GMT.
     Canada's CPI and Retail Trade data is at 1230GMT. The headline y/y CPI
figure is expected to rise a touch from 2.2% previously to 2.3%. Retail Sales is
expected to grow by 1% after previously declining 1.2%.
     On Saturday and Sunday, ECB Governing Council member Jens Weidman and Mario
Draghi will speak at the G20 Central Bank Governors meetings in Buenos Aires.
--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

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