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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
- Industrial production increased 0.3% M/M (cons 0.0), with the beat following a string of revisions that were marginally softer on net including 0.0 vs an initial 0.4 in Aug and 1.0 from an initial 0.7% in July.
- It left production up 2.5% annualized in Q3 from 0.7% in Q2, although it has been boosted by utilities production surging 15% owing in part to hot weather in July.
- Manufacturing production meanwhile saw a similar 0.4% M/M after -0.1% M/M, but with the 3M/3M at just 0.0% in Q3 after 0.3% in Q2.
- Whilst subdued, these trend rates continue to hold up well vs the ISM manufacturing survey still in contraction territory despite its recent increase to 49.0 in the September release.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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