MNI Global Morning Briefing

     LONDON (MNI) - The three key releases due Wednesday get underway in the UK

with the monthly GDP data for August at 0830GMT. The other two releases are

fairly anti-climatic after the UK release, with building permits in Canada and

U.S. producer prices index, both at 1230GMT.

     GDP in the UK is anticipated to moderate in August after an impressive July

reading of 0.3% m/m and 0.6% 3m/3m growth. The 3m/3m growth rate is expected to

remain unchanged however the m/m is predicted to drop to 0.1%. Should the MNI

median be correct, the fall is stemming from the dominant services tapering off

and not offsetting weak growth in the other sectors as it has done previously.

     Building permits in Canada declined by 0.1% in July.

     The producer price index excluding food and energy in the US for September

is expected to rise to 0.3% after falling 0.1% in August.

     Chicago Federal Reserve Bank President Charles Evans in Michigan at

1615GMT. Other central bank officials can be expected to speak through the day

as they gather in Bali for the World Bank/IMF Autumn gathering.

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