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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
- Still in the early stages, the Atlanta Fed’s Q2 GDP tracker was revised down to 2.6% from 2.7% last updated on May 8.
- A beat for today’s retail sales control group wasn’t enough to stop personal consumption expenditure growth estimates being revised down from 2.3% to 1.8%. Govt spending was also revised down from 2.1% to 1.6%, partly offset by private domestic investment pushed higher from 4.2% to 4.6%.
- It currently tracks a reasonable bounce from the 1.1% registered in the first Q1 estimate, prior to any potential revisions with the second estimate on May 25. The GDPNow will be revised tomorrow after housing starts/building permits.
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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