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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’s GDPNow has been revised down to 2.5% in the latest Q1 estimate for real GDP growth from 2.8% in the Apr 1 update.
- Latest revisions: net export drag now seen at -0.57pps from -0.48pps prior.
- 2.5% would mark a step down from the particularly strong 3.4% in Q4 and 4.9% in Q3, but remain above the 2.15% averaged in 1H23.
- A large part of the moderation from the 3.4% in Q4 is estimated to come from net exports, with that estimated -0.6pps drag following a +0.25pp boost to GDP growth in Q4.
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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