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MNI US Morning Briefing

MNI (London)
     LONDON (MNI) - The latest US jobless claims data will be released at
0830ET.
     The level of initial jobless claims is expected to remain at 230,000 in the
February 17 employment survey week after a rebound of 7,000 in the previous
week. Claims were at a level of 216,000 in the January 13 survey week, a
decades-low level. The four-week moving average would fall by only 250 in the
coming week, as the 231,000 level in the January 20 week drops out of the
calculation, assuming the MNI forecast is correct and there are no revisions.
     At the same time, Canadian retail sales data will cross the wires.
     Back in Europe, at 0900ET, the BNB Business Sentiment index will be
published.
     The US January leading indicators will be published at 1000ET. The index of
leading indicators is forecast to rise by 0.6% in January, maintaining the
string of solid gains. Positive contributions are expected from a strong jump in
building permits, higher stock prices, falling jobless claims and rising
consumer expectations.
     The weekly Natural Gas Stocks data will be released at 1030ET, with the DOE
weekly crude oil stocks data expected at 1100ET.
     Atlanta Federal Reserve Bank President Raphael Bostic speaks at the 2018
Banking Outlook Conference in Atlanta, with audience Q&A, starting at 1210ET.
Dallas Federal Reserve Bank President Rob Kaplan participates in a moderated Q&A
at the Greater Vancouver Board of Trade: Beyond NAFTA? Safeguarding our Trading
Relationship in Vancouver, with audience and media Q&A, starting at 1530ET.
     Late US data sees the Fed's Weekly M2 Money Supply Data published at
1630ET.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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