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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
- The Atlanta Fed GDPNow tracker for Q3 was unrevised at 5.6% in today’s latest estimate, with near zero impact from today’s wholesale trade report (changes in inventories are still seen providing a strong 1.4pps to quarterly growth).
- The second unrevised estimate at 5.6% sees some stability having pulled back from earlier vintages of 5.9%, but it’s clearly still incredibly strong after 2.1% in Q2.
- It’s particularly strong when compared to other regional Fed trackers as well, with today’s relaunching of the NY Fed’s take at 2.25% for Q3 and the St Louis Fed’s economic news index at just -0.1% as of last week.
Source: Bloomberg
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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