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MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - The three key releases to start the week are October
releases for Germany's trade balance data at 0700GMT, industrial production in
Italy at 0900GMT and UK GDP data at 0930GMT.
     Germany's imports declined by 0.4% m/m in September whereas exports
declined by 0.8%.
     Industrial production for Italy declined by 0.2% m/m in September after a
rise of 1.7% in August.
     Speaking at 0930GMT is ECB Executive Board member Sabine Lautenschlaeger in
Frankfurt.
     UK GDP growth in September was flat m/m. This was masked by a strong q/q
growth rate of 0.6% for Q3. October's data could show signs of the anticipated
Q4 slowdown.
     Also due at the same time is the Index of Services, construction data and
the manufacturing output numbers.
     At 1215GMT, ECB Supervisory Board member Ignazio Angeloni speaks at the
Official Monetary and Financial Institutions Forum in London.
     Bunndesbank board member Joachim Wuermeling participates in the public
hearing at the Finance Committee of the Bundestag in Berlin at 1300GMT.
     Concluding the speeches at 1830GMT, BOC Deputy Governor Timothy Lane
participates in a panel discussion in Istanbul, Turkey.
--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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