MNI US Morning Briefing

     LONDON (MNI) - The UK markets return to the fray Tuesday following the long

holiday weekend, but overall data releases will be largely second tier, although

French GDP will be closely watched.

     Across the Atlantic, the calendar gets underway at 0830ET, with the

publication of the Canadian industrial production data, alongside the raw

material price index.

     This week's US Redbook Retail Sales Index will be published at 0855ET, with

the S&P Case-Shiller Home Price Index expected at 0900ET.

     At 1430GMT, the Conference Board Consumer Confidence data will cross the

wire, with the Dallas Fed Services Survey expected at 1030ET.

     The index of consumer confidence is expected to rise to a reading of 121.7

in August after a further increase in July, as low gas prices and solid

employment gains are offset by uncertainty about fiscal policy. The Michigan

Sentiment Index jumped to 97.6 in early-August from 93.4 in the previous month.

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