MNI European Morning Briefing

     LONDON (MNI) - The economic docket kicks off on Tuesday with EU ACEA Car

Registrations at 0600GMT.

     At 0815GMT BoE Governor Mark Carney will appear in front of the Treasury

Select Committee alongside new appointees Sir David Ramsden and Silvana Tenreyro

to discuss the new additions to the MPC and the work of the BoE.

     ECB Executive Board member Vitor Constancio will deliver the keynote speech

at Conference on Financial Stability organised by Bank of Portugal, in Lisbon at

0820GMT.

     A slew of UK releases at 0830GMT, inflation data and the ONS House Price

Index due to hit the wires. A number of factors are expected to exert upside

pressure on inflation including a 12.5% rise in electricity prices by British

Gas and a large rise in petrol prices during the month and the ongoing base

effects of weaker sterling.

     At 0840GMT Bundesbank board member Andreas Dombret will participate in

discussion at the 18th World Knowledge Forum, in Seoul.

     The latest instalment of the German ZEW is due at 0900GMT, alongside

Eurozone HICP figures. The ZEW survey is expected to show another gain after a

brief dip during the summer months. The Sentix index, which is closely

correlated with ZEW, saw a rise in October and paints an optimistic picture for

the German economic outlook.

     Across the Atlantic the first release of the day is the US Import/Export

Price Index at 1230GMT, alongside which the New York Fed Business Leaders Survey

will be published.

     At 1255GMT the US Redbook Retail Sales Index will hit the wires.

     US Industrial Production data is on the docket at 1400GMT. Industrial

production is expected to rise 0.2% in September after a 0.9% hurricane-related

plunge in the previous month. The effects of Hurricane Irma in Florida should be

seen with this month's data, providing some downside risk and accounting for the

wide range of forecasts. Factory payrolls fell by 1,000 in September, while auto

production jobs fell by 3,000 and the factory workweek was unchanged at 40.7

hours. The ISM production index rose to 62.2 in September from 61.0 in the

previous month. Utilities production is expected to rise modestly in the month

after a 5.5% August drop, while mining production is forecast to recover after

posting a 0.8% decline due to Harvey. Capacity utilization is forecast to tick

up to 76.2% from 76.1% in August.

     The second Bundesbank speech of the day comes from Claudia Buch speech at

ZEW, in Mannheim, Germany at 1600GMT.

     At 1930GMT the Bank of Canada Senior Deputy Governor Carolyn Wilkins

participates in a panel discussion at the Sibos conference organized by SWIFT in

Toronto.

     Finishing off the day at 2000GMT are the US Treasury International Capital

(TIC) data.

--MNI London Bureau; +44 203 865 3809; email: kieran.williams@marketnews.com