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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - Monetary policy meetings and PMI releases dominate
Wednesday's session, with the three key events the Riksbank policy decision at
0730GMT, the flash Euro Area composite PMI for October at 0800GMT and the
interest rate announcement from the Bank of Canada at 1400GMT.
     The Riksbank is expected to keep its policy rate unchanged at -0.50 in the
October meeting, with focus on whether they point towards December of February
for the first hike.
     The Euro Area composite PMI had a reading of 54.1 in September and the MNI
median points to a slight drop from its robust levels to 53.9 in October.
     The BOC interest rate announcement is expected to see a 25bps hike in the
interest rate from 1.50% to 1.75%.
--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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