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Market News Topics
October 30, 2017 13:33 GMT
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
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