MNI European Morning Briefing

     LONDON (MNI) - A busy economic docket on Wednesday begins with a speech

from ECB Gov. Council member Philip R. Lane at Business in the Community CEO

Breakfast Forum, in Dublin at 0700GMT.

     Final HICP figures for October from France are published at 0745GMT.

     At 0800GMT Bundesbank Board member Carl-Ludwig Thiele gives a speech at

Euro Finance Week 2017 - Payments Conference, in Frankfurt.

     A second Bundesbank speaker is on the agenda at 0900GMT, Board member

Carl-Ludwig Thiele participates in a panel discussion at Euro Finance Week 2017

- Payments Conference, in Frankfurt.

     At 0930GMT UK Labour Market Survey is on the schedule.

     EU Trade Balance figures are released at 1000GMT.

     Also at 1000GMT ECB Executive Board member Peter Praet is chairing closing

policy panel at conference "At the heart of policy: challenges and opportunities

of central bank communication" organised by the ECB, in Frankfurt.

     Another speech is scheduled to hit the wires at 1000GMT, Bundesbank Board

member Carl-Ludwig Thiele gives a speech at Euro Finance Week 2017 - 4th

European-Chinese Banking Day, in Frankfurt.

     Across the Atlantic the first release of the day is US MBA weekly

applications index at 1200GMT.

     Having resumed from their mid-session recess this week UK Prime Minister

Theresa May will face another round of PMQ's at 1200GMT.

     Several US data releases scheduled for 1330GMT, the big ticket items are US

CPI and US Retail Sales.

     The CPI is expected to rise only 0.1% in October following a 0.5%

energy-related rise in September. Analysts expect energy prices to decline after

September's 6.1% surge. The core CPI is forecast to rise 0.2% following an

on-trend 0.1% increase in September.

     Retail sales are forecast to hold steady in October after a sharp rebound

in September. Seasonally adjusted industry motor vehicle sales slowed in October

after a surge in September, while AAA reported that gasoline prices fell back in

mid-October from one month earlier. However, building material sales should

remain strong as rebuilding from the storms continued. Retail sales are expected

to rise 0.2% excluding motor vehicles after September's 1.0% gain.

     Also at 1330GMT are US Empire State Manufacturing Survey and Canadian CREA

Home Sales.

     At 1500GMT US Business Inventories are released. Business inventories are

expected to rise 0.1% in September. Factory inventories were already reported as

up 0.7% in the month, while wholesale inventories rose 0.3% and the advance

report pointed to a 1.0% decline for retail inventories.

     Taken together, an MNI calculation looks for a flat reading for business

inventories, so the median forecast implies analysts expect retail inventories

to be revised higher. As for sales, factory shipments were up 0.8% and wholesale

sales surged by 1.3%, while retail trade sales jumped 1.7% in the advance retail

sales report. An MNI calculation looks for a 1.2% increase in business sales,

barring a large revision to the retail trade sales number.

     The Atlanta Fed Inflation Index is also on the docket at 1500GMT.

     US DoE Weekly Crude Inventories data are published at 1530GMT.

     At 2100GMT Boston Federal Reserve Bank President Eric Rosengren is to give

remarks on the U.S. Economy at Northeastern University's Economic Policy Forum

in Boston, and US TICS data is released.

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