MNI Global Morning Briefing

     LONDON (MNI) - The data calendar picks up Tuesday, as the final full

trading week before the Christmas break sees a host of data releases on both

sides of the Atlantic.

     Tuesday gets underway with the release of the UK Labour Report at 0930GMT,

followed by the CBI Industrial Trends survey at 1100GMT. The UK October

unemployment rate is seen edging higher to 3.9%, with average earnings (total

and ex-) seen slipping to 3.4% from 3.6% in September.

     Industrial trends are expected to edge higher from November's -26, although

there is a risk of a downside surprise.

     Across the Atlantic, U.S. housing starts and buildings permit data will be

released at 1330GMT, with the Redbook at 1355GMT and the latest Industrial

production and capacity utilisation data expected at 1415GMT.

     Late US data sees the publication of the updated JOLTS data at 1500GMT.

     There are a few central bank appearances of note, with ECB chief economist

speaking at 1330GMT and Bost Fed president Eric Rosengren speaking at 1800GMT.

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