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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 US budget deficit came in at $66.6B (cons $65.0B) vs the $87.9B from Oct’22, for the first month of the fiscal year.
- Bloomberg reports a Treasury official saying the Y/Y improvement was helped by the deferral of taxes for California and some other regions through Apr-Sep of the prior fiscal year to October of the current fiscal year.
- Going against this was a further surge in interest of public debt, up 87% Y/Y at $88.9B.
- Further, whilst the overall deficit shrank by 24% on a year-ago, allowing for calendar differences it was only a 4% reduction.
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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