MNI Global Morning Briefing

     LONDON (MNI) - A data weak Tuesday means the three to watch for are largely

second tier releases and include the August trade balance in Germany at 0600GMT,

September housing starts in Canada at 1215GMT and August machinery orders in

Japan at 2350GMT.

     Germany's trade balance was E15.8 bn in July. Exports declined by 0.9% m/m

and imports grew by 2.8% m/m.

     Tuesday's speeches commence at 0830GMT, when ECB Executive Board member

Yves Mersch participates in a panel discussion in Bangkok, Thailand.

     At 0900GMT the UK Parliament returning from its Conference season recess.

     Dallas Federal Reserve Bank President Rob Kaplan at 1200GMT is speaking in

New York at 1200GMT.

     In Canada, the CMHC housing starts are due at the same time. August saw a

reading of 201,000.

     Ending the speeches at 1630GMT, New York Federal Reserve Bank Executive

Vice President Beverly Hirtle appears in Boston, Massachusetts.

     Machinery orders in Japan, due at 2350GMT, are expected to retract after

growing 11% m/m in July to declining 4% in August.

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com