Free Trial

MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - The three key releases to end the week are the trade balance
data in China, due overnight, Germany's final HICP reading for September at
0600GMT and the Euro Area Industrial Production for September at 0900GMT.
     ECB Governing Council member Jens Weidmann is also expected to speak at the
IMF/World Bank gathering in Bali at 0530GMT. Other policymakers will speak over
the next day or two.
     The trade balance in China is anticipated to narrow from USD27.91 bn to
USD18.4 bn in September.
     Germany's final reading of September HICP is expected at 0600GGMT. The
flash read was 2.1%.
     Euro Area industrial production previously declined by 0.1% y/y and 0.8%
m/m in July. Analyst estimates point to a 0.4% m/m rebound in Euro Area
industrial production in August. However, member state data released since then
has been mixed, and suggests that a weaker outturn may be on the cards. July's
monthly decline, led by falls across consumer goods (both durables and
non-durables) and intermediate goods, left output down 0.1% on the year, the
first contraction since January 2017.
     Chicago Federal Reserve Bank president Charles Evans is speaking in
Michigan at 1330GMT, while Atlanta Federal Reserve Bank president Raphael Bostic
is speaking in Atlanta at 1630GMT.
     Onto Saturday and during the day in Bali, there will be various speakers
including ECB Gov. Council member Jens Weidmann and BBK Board member Claudia
Buch. Speaking at 0230GMT is US Federal Reserve Bank Vice Chairman Randal
Quarles. ECB Executive Board member Yves Mersch also speaks.
--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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });