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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - Its a quiet start to the week, with Monday's calendar
offering a limited data schedule and only a few appearances from central bank
officials.
     The European calendar gets underway at 0900GMT, with the publication of the
final August inflation data.
     The preliminary August data showed y/y inflation running at 2.0%, down from
2.1% in July, and analysts expect a confirmation at 2.0%  --  juts above the
ECB's 'close to but below 2%' target. Core inflation is expected to be confirmed
at 1.0%, down from July's 1.1%.
     At the same time, ECB Executive Board member Benoit Coeure is expected to
speak at an event organised by DIW, in Berlin. At 1200GMT, Executive Board
member Yves Mersch speaks in Frankfurt.
     Across the Atlantic, the limited U.S. calendar gets underway at 1230GMT,
with the publication of the latest Empire State Manufacturing Survey.
     At the same time, in Canada, the August International Transaction in
Securities data will be released.
     Further Canadian data is expected at 1300GMT, with the release of the
August CREA Home Sales numbers.
--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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