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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 was revised up again for Q2, to 2.4% from 2.3% on Jul 10, for one of its highest readings for Q2 aside from very early iterations.
- Analyst estimates continue to lag, with 1.3% on the Bloomberg ECFC function and 1.8% in the early stages of the survey for the Q2 release on Jul 27.
- Tracker changes: Real PCE revised up to 1.2% to 1.4% and government spending from 2.4% to 2.8%, partially offset by gross private domestic investment growth revised down from 10.5% to 9.4%.
- It also tracks a slightly smaller drag from net exports, trimmed from -0.72pps to -0.67pps.
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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