MNI US Morning Briefing

     LONDON (MNI) - Over in North America the first release of the day comes at

1230GMT in the form of Employment Cost Index.

     The ECI is expected to rise by 0.7% in the third quarter after a 0.5% gain

in the second quarter. Analysts will watch the year/year rate closely to see if

it moved off the 2.4% rate seen in the previous two quarters.

     Canadian Industrial Product and Raw Material Price Index and Gross Domestic

Product by Industry are also due at 1230GMT.

     At 1255GMT US Redbook Retail Sales Index is published.

     US Milwaukee Manufacturing ISM index is released at 1300GMT alongside the

US S&P Case-Shiller Home Price Index.

     At 1345GMT the US MNI Chicago PMI will be published. The index is expected

to slide back to a reading of 59.9 in October after rising sharply to 65.2 in

September. Other regional data already released, however, suggest that growth

accelerated in those areas.

     US Housing Vacancies are on the docket for 1400GMT at the same time as US

Conference Board Consumer Confidence. The index of consumer confidence is

expected to rebound to a reading of 120.9 in October after a small dip to 119.8

in September. The Michigan Sentiment Index rose to 100.7 in October from 95.1 in

the previous month.

     1430GMT sees the release of the US Dallas Fed Services Survey.

     Bundesbank Board member Andreas Dombret will deliver a speech at AHK and

Bombay Stock Exchange, in Mumbai, India at 1630GMT.

     Rounding off the day at 1930GMT, Bank of Canada Governor Stephen Poloz and

Sr Deputy Gov Carolyn Wilkins appear before the House of Commons Standing

Committee on Finance.

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