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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - It's a tranquil Tuesday on the cards with, once again, very
little data to report on.
     The calendar starts in the UK at 0830GMT, with the release of the public
sector finances data. Previously, public sector net borrowing excluding banks
was stg5.4 bn.
     Up next in the UK as well at 1000GMT is the CBI Industrial Trends survey.
Back in July, the last order books balance reading was +11.0.
     Across the Atlantic, the Philadelphia Fed nonmanufacturing index will be
published at 1230GMT, with analysts looking for little change on the July
reading of 44.3.
     Also at 1230GMT is wholesale trade data in Canada. After growing by 1.2% in
the previous month, they are anticipated by analysts to fall to 1.0% this month.
     Straight into the evening and at 2245GMT, the quarterly retail trade survey
in New Zealand. Previous q/q growth was 0.1%.
     At 0030GMT is the Westpac-MI leading index in Australia. Previously, the
index reading was 97.77.
     Finishing off at 0130GMT is Australia's quarterly construction work done
data. Previously, the q/q growth rate was 0.2%.
--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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