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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
- Today’s seasonally adjusted continuing claims data caught the eye with a notably different seasonal pattern after annual revisions (see 0857ET bullet) but the non-seasonally adjusted figures paint a similar picture to prior weeks.
- NSA claims are still higher than levels registered in both 2022 and 2023, but at the low end of pre-pandemic years.
- However, one state worth watching is California, which saw continuing claims shunt higher to levels higher than this time of year for 2017-19.
- It’s not a trend seen in other large states, and California did see an unusual trend higher through much of 2023 relative to typical seasonal patterns, but it’s still notable being the largest state in the US.
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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