MNI European Morning Briefing

     LONDON (MNI) - Tuesday throws up a quieter data calendar on both sides of

the Atlantic, with only one release scheduled in Europe.

     The calendar gets underway at 0815GMT, with the publication of the Swiss

consumer price data.

     The US calendar kicks off at 1355GMT, when the latest Redbook Retail Sales

Index crosses the wire.

     At 1500GMT, the January US factory new orders will be published, alongside

the latest IBD/TIPP Optimism Index.

     Factory orders are expected to fall by 1.3% in January. Durable goods

orders fell by 3.7% in the month on a plunge in aircraft orders, but nondurables

orders are expected to rise further due to higher energy prices, providing some

offset. Factory orders are expected to be roughly flat excluding the

transportation component. Durable orders excluding transportation fell by 0.3%.

     At the same time, in Canada, the Ivey PMI will be released.

     Back in the UK, at 1815GMT, BOE Chief Economist Andy Haldane speaks in

London.

     Treasury strips data will be published at 2000GMT.

     Overnight, Federal Reserve Governor Lael Brainard speaks about the economic

and monetary policy outlook at the "Money Marketeers Forum" in New York City,

with audience Q&A, starting at 0030GMT. At 0130GMT, Dallas Fed President Rob

Kaplan participates in a moderated Q&A at the CERA Week in Houston, with

audience and media Q&A

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com