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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.
UK DATA
UK CBI Order Books Balance were reported "broadly unchanged at -18% (vs -20 prior) in March, remaining below "normal" and below the long run average of -13%.
- Expectations for average selling price inflation picked up in March to 21% (from 17% in February) - the third consecutive monthly rise, making it the highest since May 2023 and comfortably above the long-run average of 7%. This pickup will be concerning to the MPC as it looks to cut rates at an upcoming meeting (June / August both look possible start dates for the easing cycle).
- Survey conducted between 26 February and 13 March.
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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