MNI US Morning Briefing

     LONDON (MNI) - Across the Atlantic proceedings kick off with a bang at

1330GMT, US Employment Report will hit the wires. Nonfarm payrolls are forecast

to rise by 185,000 in January after a below-expectation reading in December. 

Benchmark revisions to the establishment survey data will be included in this

month's report. The unemployment rate is expected to stay at 4.1%. Hourly

earnings are forecast to rise 0.2% after a 0.3% gain, while the average workweek

is expected to hold steady at 34.5 hours for the third straight month.

     At 1445GMT ISM-NY Manufacturing Index data is on the schedule.

     At 1500GMT US Factory New Orders and Final Michigan Sentiment Index will be

released. Factory orders are expected to rise by 1.5% in December. Durable goods

orders rose 2.9% in the month on a surge in aircraft orders, while nondurables

orders are expected to rise further. 

Factory orders are expected to still be strong ex. the transportation component.

Durable orders excluding transportation rose by 0.6%.

     The Michigan Sentiment index is expected to be revised slightly to a

reading of 95.0 from 94.4.

     The St. Louis Fed release their Real GDP Nowcast at 1600GMT, followed

swiftly by the New York Fed GDP Nowcast at 1615GMT.

     At 1830GMT Dallas Federal Reserve Bank President Rob Kaplan is to

participate in a moderated Q&A at the Teacher Retirement System of Texas Annual

Conference in Austin, with audience and media Q&A.

     Rounding off the day at 2030GMT San Francisco Federal Reserve Bank

President John Williams will deliver the keynote address to the "Financial Women

of San Francisco" in San Francisco, with audience Q&A.

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