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MNI European Morning Briefing

MNI (London)
     LONDON (MNI) - The US markets return to the fray on Tuesday and there is a
full data calendar on both sides of the Atlantic.
     The UK Parliament returns Tuesday after the summer recess.
     Across the Atlantic, at 0800ET, Federal Reserve Governor Lael Brainard will
speak at the Economic Club of New York in New York City, with audience Q&A.
     The first US data release comes at 0945ET, when the ISM-NY Manufacturing
Index.
     At 1000ET, the latest US factory new orders data and the employment trends
index will be published.
     Factory orders are expected to fall by 3.1% in July. Durable goods orders
fell 6.8% in the month on a plunge in aircraft orders, while nondurables orders
are expected to post a modest gain after falling in the previous two months.
Factory orders are expected to be up 0.2% excluding transportation. Durable
orders excluding transportation were up 0.5%.
     Minneapolis Federal Reserve Bank President Neel Kashkari will speak at a
moderated Q&A at the 1st Tuesday Speaker Series at Carlson School of Management
in Minneapolis, with audience Q&A., starting at 1310ET.
     Dallas Federal Reserve Bank President Rob Kaplan will participate in a
moderated Q&A session in Dallas, with audience Q&A, starting at 1900ET.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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