MNI Global Morning Briefing

     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