MNI Global Morning Briefing

     LONDON (MNI) - The UK markets are closed Monday to celebrate the Spring

Bank holiday, so there is no UK data to report on.

     The European calendar gets underway in Germany at 0600GMT with the release

of Factory/Industrial Orders. Manufacturing orders previously grew at a m/m and

y/y basis of 0.3% and 3.5% respectively.

     Concluding the European morning, Switzerland release their CPI figures at

0715GMT. March inflation saw a m/m and y/y growth rate of 0.4% and 0.8%

respectively.

     Across the Atlantic, at 1400GM, the US Employment Trends Index is set for

publication. The previous index value was 107.72.

     Next up at 1530GMT is the ECB Executive Board member Peter Praet's speech

in Geneva, Switzerland.

     Richmond Federal Reserve Bank President Tom Barkin will speak in Fairfax,

Virginia at 1800GMT.

     This is followed up with BOC Deputy Governor Timothy Lane participating in

a panel discussion on World Economic Outlook at Horasis, Portugal at 1900GMT.

     Also at 1900GMT is the US Consumer Credit month over month data.

Previously, consumer credit was at USD10.6 billion in February which was the

slowest rise in five months with credit-card balances stalling after a

fourth-quarter exhibiting a shopping spree.

     That will be followed at 1930GMT as Dallas Federal Reserve Bank President

Rob Kaplan and Chicago Federal Reserve Bank President Charles Evans speaking on

"Learning about an ML-Driven Economy."

     New Zealand's inflation expectations survey comes out at 2245GMT.

Previously, 1 year and 2 year expectations stood at 1.86% and 2.11%

respectively.

     Japan's household spending is next at 2350GMT. Previous y/y spending

declined by 0.9% but is anticipated by analysts to see a pick up in March with a

forecasted y/y household spending growth of 1.3%.

     Australia closes out the calendar at 0130GMT, with m/m and q/q retail trade

which previously grew at 0.6% and 0.9% respectively.

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