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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
- Despite today’s stronger than expected real consumer spending data, the first update for the Atlanta Fed’s Q2 GDP tracker since May 17 saw it revised down from 2.9% to 1.9% for one of its lowest figures in still early days for the Q2 tracker.
- “Decreases in the nowcasts of Q2 real net exports and real gross private domestic investment growth were partially offset by increases in the nowcasts of Q2 real personal consumption expenditures growth and real government spending growth.”
- Contributions show a heavy drag from net trade of -1.1pps (vs previously seen +0.34pps) whilst personal spending is now seen tracking a contributions of 1.58pps (up from 1.1pps).
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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