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November 08, 2017 12:34 GMT
MNI US Morning Briefing
LONDON (MNI) - Across the Atlantic the first release of the day is US
Weekly Jobless Claims at 1330GMT. The level of initial jobless claims is
expected to rise by 1,000 to 230,000 in the November 4 week after a 5,000
decrease in the previous week.
The four-week moving average would fall by 3,500 in the coming week as the
244,000 level in the October 7 week drops out of the calculation, assuming the
MNI forecast is correct and there are no revisions. As the average was already
at a 44-year low in the previous week, another decline would be significant.
Also at 1330GMT is the Canadian New Housing Price Index.
After several speakers in the European morning, another ECB board member
speech on the docket for 1345GMT. ECB Executive Board member Vitor Constancio
will give a speech at 4th annual Financial Regulatory Outlook Conference
organised by Oliver Wyman and CIGI, in Rome.
US Bloomberg Comfort Index is scheduled for 1445GMT.
At 1500GMT US Wholesale Trade Sales and Inventory data will be released.
US Natural Gas Stocks figures are scheduled for 1530GMT.
Bundesbank Board member Prof. Dr. Claudia M. Buch will speak at the Bank
evening of the headquarters of German Bundesbank in Bayern, in Munich at
1600GMT.
At 1630GMT Swiss National Bank Board member Thomas Jordan is scheduled to
give a speech at CFS Presidential Lectures, in Frankfurt.
ECB Gov. Council member Jens Weidmann will be in conversation with readers
of Leipzig People's Newspaper, in Leipzig, Germany beginning at 1800GMT
At 1820GMT ECB Executive Board member Sabine Lautenschlaeger will give
speech at the "Monetary, Financial, and Prudential Policy Interactions in the
Post-Crisis World" conference, in Washington D.C.
Rounding off the day at 2130GMT is US Fed Weekly Money Supply data at
2130GMT.
--MNI London Bureau; +44 203 865 3809; email: kieran.williams@marketnews.com
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