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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - A fairly unexciting Monday means the three key releases are
unemployment in Switzerland (0545GMT), industrial output in Germany (0600GMT)
and the employment trends index in the US, due at 1400GMT.
     The previous unemployment rate in Switzerland for August was 2.6%.
     Germany's industrial sector got off to a weak start in the third quarter
and August data may not offer much relief. Both factory orders and industrial
production declined for a second consecutive month in July (by 0.9% m/m and 1.1%
m/m respectively). As still-elevated trade tensions weigh on demand and delay
investment plans, there is a risk that this weakness extended into August.
     The U.S. employment trends index in the US had an August reading of 110.88.
     Also of note for Monday, China returns from the week-long National Day
holiday, while Japan is shut for a public holiday.
--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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