MNI US Morning Briefing

     LONDON (MNI) - Across the Atlantic, the US calendar gets underway at

0700ETT, when the MBA weekly applications index is published.

     The US calendar continues at 0830ET, with the publication of the US trade

data.

     The international trade gap is expected to widen modestly to $44.8 billion

in July. The advance estimate of the Census goods trade gap widened to $65.1

billion in July, with exports down 1.3% and imports down 0.3%.

     At the same time, the Canadian trade numbers and Labour productivity data

will cross the wires.

     The latest US Redbook Retail Sales Index will be released at 0855ET,

followed by the final August Markit Services Index at 0945ET.

     Bundesbank Board member Andreas Dombret speaks at the anniversary of

Handelsblatt, in Frankfurt, from 0950ET.

     At 1000ET, the Bank of Canada will announce their latest policy decision.

     The US August ISM Non-Manufacturing Index is also expected at 1000ET.

     The ISM nonmanufacturing index is expected to rebound to a reading of 55.6

in August after falling to 53.9 in July. The flash Markit Services estimate rose

to 56.9 in August from 54.2 in July.

     The Federal Reserve releases the Beige Book for upcoming FOMC meeting at

1400ET, while late data sees the US Treasury STRIPS at 1500ET.

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