Free Trial
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.
GLOBAL
June's NY Fed Global Supply Chain Pressure Index (the GSCPI, released today) fell to the lowest since March 2021 at 2.41 (vs 2.58 prior and 4.35 at the peak in Dec 2021).
- The NY Fed said that the decline was "mostly due to a large decrease in Chinese supply delivery times".
- While the index is still very much at elevated levels vs history (the 2.41 reading is the number of standard deviations vs the average value), June's GSCPI reading is a further indication that global bottlenecks are easing, which should mean less upside pressure on supply-led inflation starting in the second half of the year.
Source: NY 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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok