MORNING BID EUROPE-"Third Man" sought in Brussels

* A look at the day ahead from European Economics and Politics Editor Mark John and Mike Dolan, Markets Editor, EMEA. The views expressed are their own.

LONDON, March 24 (Reuters) - The Belgian manhunt is focusing on a "third man" seen with two Islamic State suicide bombers at Brussels Airport and Belgian media are now reporting that another suspect for the Brussels metro bombing has been picked up on security cameras carrying a heavy bag. More links are gradually emerging between the Brussels bombers and those behind last November's attacks in Paris. Separately Ankara has criticised Belgium for failing to track one of the bombers sent back to Europe from Turkey last year, to which Belgian officials retort that they cannot detain suspects without clear evidence of a crime. The EU's homeland security ministers will meet in Brussels today to discuss how to improve coordination, at present hamstrung by concerns about sharing sensitive intelligence with others.

U.N. judges will from 1300 GMT today start pronouncing their verdict in the genocide trial of former Bosnian Serb leader Radovan Karadzic over the 1995 Srebrenica massacre, Europe's worst atrocity since World War Two. Karadzic is the highest-ranking person to face reckoning before the U.N. tribunal in The Hague over a war in which 100,000 people died as rival armies carved up Bosnia along ethnic lines that largely survive today.

Donald Trump has waded into Britain's "Brexit" debate by predicting that Britons will vote to leave the European Union because of all the migration "craziness". Given the low esteem in which he is held by many Brits, it will be interesting to see whether the "out" campaign leaps on this show of support or prefers to steer clear.

A mixed bag of data from Germany this morning ahead of the ECB's regular economic bulletin later in the day. Real wages rose 2.4 percent last compared to 2014, the strongest increase since 2008, underlining how private consumption is becoming the main driver of growth in Europe's biggest economy. Yet consumer morale dipped in April.

MARKETS AT 0745 GMT

The Fed is having to work hard to convince markets that it's back on the tightening trail. The drumbeat about at least two more rate hikes this year and one as soon as June -- even April -- has been pretty relentless all week; St. Louis Fed President James Bullard was the latest in a long line on Wednesday. But futures markets still have only one further hike priced for the rest of the year and virtually nothing for next month. If the message is that Yellen and Co are back on track, then they are going to have to pump up the volume. The dollar seems to have to got the message, however, and the DXY index is up another 0.25 pct this morning, gunning for its first weekly gain in four and its second-strongest week of the year so far. Even (Taiwan OTC: 6436.TWO - news) though 2-year Treasury yields are more equivocal, the dollar rise is having a ripple effect across commodities and emerging markets. Brent continues to retreat from recent highs and, weighed down by news of another big crude inventory build, is struggling once again to hold $40. Equity markets too are on the backfoot after weeks of impressive gains and look to be tailing off into the quarter-end next week as volumes collapse around these short Easter holiday weeks. European stock trading volumes were less than half 90-day rolling averages on Wednesday for example. Wall St ended lower overnight, while the ViX retopped 15 pct. China stocks fell more than 1 percent on Thursday, after state media reported that 35 domestic brokerages have resumed short-selling business following a long hiatus. And this Shanghai drop led most major Asian bourses lower, from Tokyo to Hong Kong, Seoul and Jakarta. European stocks are called down about 0.8 pct, with S&P500 futures still in the red too. Flash PMIs for March dominate the data slate, with French business confidence readings coming in well below forecast.

Upcoming events/data/ themes for market reports on Thursday:

- Global March flash PMIs

- Singapore 2016 budget

- NZ Feb trade

- European corp events: Next (Other OTC: NXGPF - news) , Bollore (LSE: 0IXZ.L - news)

- France March biz climate

- Italy Jan industrial orders, Feb trade, Jan retail sales

- ECB economic bulletin released

- UK Feb retail sales, mortgage approvals

- Turkey rate decision

- US Feb durable goods orders

- St Louis Fed president Bullard speaks in NYC (Editing by Sonya Hepinstall)