MNI Morning Global Calendar

     LONDON (MNI) - The calendar appears subdued on Tuesday, with what little

data there is originating from the UK mainly, with the West mainly having

speeches and one piece of data to report on.

     Starting at 0830GMT is the UK BBA new home loan approvals data. Previously,

the number stood at 38,000. Shortly after at 1000GMT is the CBI Distributive

Trades data. The May prior reported balance was 11 units.

     Moving to the afternoon and the only scheduled European entry is ECB Vice

President Luis de Guindos speaking at the Bond Market Contact Group in

Frankfurt.

     The index of consumer confidence in the US at 1400GMT is expected to tick

up further to a reading of 128.8 in June after another gain in May. The Michigan

Sentiment Index rose to 99.3 in June from 98.0 in May.

     Later on in the day at 1715GMT is Atlanta Federal Reserve Bank President

Raphael Bostic speaking in Birmingham, Alabama.

     This is followed up by Dallas Federal Reserve Bank President Rob Kaplan

speaking in Houston, Texas at 1745GMT.

     Finishing the calendar is New Zealand with their monthly trade balance data

at 2245GMT and their monthly business survey at 0100GMT. The monthly trade

balance previously reported a surplus of NZD263 million for the month of April.

The ANZ business survey previously reported a mixed picture with the activity

outlook standing at 13.6 units whereas the business confidence indicator was

negative at -27.2 units.

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