MNI US Morning Briefing

     LONDON (MNI) - Across the Atlantic, the US final September Markit

Manufacturing Index will be published at 0945ET.

     At 1000ET, the ISM Manufacturing Index and the US August construction

spending data will cross the wire.

     Construction spending is expected to rise 0.4% in August. Housing starts

fell 0.8% in the month, suggesting private residential building could slow

modestly.

     The ISM manufacturing index is expected to dip modestly to a reading of

58.0 in September after rising to 58.8 in August. The impact of Hurricane Harvey

could be fully felt in this month's data. However, regional conditions data have

suggested solid growth, as did the flash Markit estimate. Even the Dallas Fed

manufacturing data released on September 25 indicated stronger growth despite

the impact of Hurricane Harvey, as respondents noted only a modest impact from

the storm statewide and a stronger impact in the Gulf region. 

     Dallas Federal Reserve Bank President Rob Kaplan will participate in a

moderated Q&A session at Dialogue with the Fed Luncheon in El Paso, Texas, with

audience and media Q&A, starting at 1400ET.

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