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(Z1) Off Lows, But Remains Weak


Still Vulnerable


Bullish Price Sequence

MNI Global Morning Briefing

MNI (London)
     LONDON (MNI) - Monday throws up a very quiet data session in Europe, with
little in the way of releases.
     There is a pick up into the afternoon session in the U.S., but the data
remains largely second tier.
     At 1330GMT, the Philly Fed manufacturing index is released, followed by the
Redbook retail sales index at 1355GMT.
     At 1500GMT, the U.S Consumer Confidence report is due for publication. The
Index is slated to rise slightly to 126.5 in November from 125.9 in October.
     The Richmond Manufacturing Index and the Dallas Fed Services Index will
both be releases at the same time, with the Richmond Index is expected to dip to
6 in November from 8 reported in October.
     U.U. New Home sales will be published at the same time.
     There are few scheduled appearances by central bankers. ECB executive board
member Benoit Coeure is due to speak a couple of times in Brussels, while Fed
Governor Lael Brainard speaks in Washington. 
--MNI London Bureau; tel: +44 203-586-2225; email:
MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |