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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 has revised Q1 real GDP growth down a little further to 2.1% annualized from 2.3% with the Mar 14 update and 2.5% from Mar 7.
- The tracker has generally trended lower since the earliest vintages for Q1.
- Latest downward revisions to personal consumption (2.2% to 1.9% - now a full point lower than Mar 7) and private domestic investment (3.0% to 2.7%).
- If accurate it would see a return to the 2.15% averaged in 1H23 prior to the far stronger than expected 4.0% averaged in 2H23.
- There’s still plenty of time ahead of the Q1 GDP advance (Apr 25), with Q4 accounts still to be finalized next week (Mar 28).
Source: Atlanta Fed
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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