MNI Global Morning Briefing

     LONDON (MNI) - Three key releases for the Tuesday are the September UK

labour report at 0930GMT, the November German ZEW index at 1000GMT and Japan's

Q3 GDP at 2350GMT.

     ECB Executive Board member Peter Praet speaks in London at 0800GMT.

     The UK labour report for September anticipates unemployment holding steady

at 4.0% and core earnings remaining at August's 3.1% 3M Y/Y. However a jump in

headline earnings to 3.0% 3M Y/Y from 2.7% previously is expected, according to

the MNI median and appears to be down to base effects.

     Given median estimates for Germany GDP (out Wednesday) are for negative

growth, the ZEW becomes even more important. The October reading for current

expectations was -24.7 and the MNI median points to a fledgling value of -26.8

in November.

     BBK Board member Joachim Wuermeling participating in a discussion on

banking supervision in Frankfurt, starting at 1445GMT. Fifteen minutes later,

speaking in Minneapolis and Philadelphia respectively, are Minneapolis Federal

Reserve Bank President Neel Kashkari and Lael Brainard.

     ECB Vice-President Luis de Guindos speaks in Frankfurt at 1900GMT.

     Philadelphia Federal Reserve Bank President Patrick Harker speaks in

Philadelphia on Fintech at 1920GMT.

     Concluding the speeches is San Francisco Federal Reserve Bank President

Mary Daly in Boise, Idaho at 2200GMT.

     Q3 GDP growth in Japan is also expected to be negative. After growing by

0.7% in Q2, the MNI median is for a decline of 0.2% in Q3.

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