MNI said Thursday's 8:30am ET.......>

US DATA PREVIEW: MNI said Thursday's 8:30am ET "personal income is expected to

post a 0.3% increase in

July," according to its economist poll, "as payrolls rose by 209,000, average

weekly hours held steady at 34.5 hours, and hourly earnings rose by 0.3%.

Current dollar PCE is forecast to rise by 0.4%, as retail sales jumped 0.6% in

the month and were still up 0.5% excluding a 1.2% gain in motor vehicle sales.

Core retail sales (also ex. gas) were up 0.5% in the month, while sales

excluding autos, gas, building materials and food services rose 0.6%, indicating

underlying strength."

- The core PCE price index is expected to post a 0.1% increase in July, which

should keep the y/y measure well below 2%, said MNI on its economist poll.