MNI US Morning Briefing

     LONDON (MNI) - Across the Atlantic the first US release of the day comes at

1100GMT, the MBA weekly mortgage applications index.

     Also at 1100GMT in the UK PM Theresa May will face another round of PMQ's.

     US Durable Goods data will be released at 1230GMT. Durable goods orders are

expected to rise by 1.1% in September after a 2.0% rebound in August, though the

impact of the hurricanes presents a downside risk. Boeing orders rose to 72 from

33 in August, suggesting nondefense aircraft orders should post a solid gain.

Orders excluding transportation are expected to rise 0.5% for a second straight

month.

     At 1300GMT FHFA Home Price Index is scheduled.

     The Bank of Canada will announce interest rates at 1400GMT, following

consecutive rate hikes tha Bank are expected to keep policy on hold.

     Alongside this announcement is US New Home Sales data. New home sales are

expected to slip further to a 555,000 annual rate in September following larger

declines in the previous two months. Unadjusted sales were down 2.2% from a year

earlier before seasonal adjustment. Home supply rose by 3.6% in August, lifting

the months supply to 6.1 months, so there should be adequate homes available for

sale when demand returns.

     1430GMT sees DoE Weekly Crude Stocks data hit the wires.

     Rounding off the day at 1515GMT Bank of Canada Governor Stephen Poloz and

Senior Deputy Governor Carolyn Wilkins press conference at the National Press

Theatre, Ottawa, following their earlier rate announcement.

--MNI London Bureau; +44 203 865 3809; email: kieran.williams@marketnews.com