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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
MNI (London)
UK MAY REPORTED SALES VOLUME BAL -1 (FCST -30) VS -35 APR: CBI
JUN EXPECTED SALES VOLUME BALANCE -4 VS -8 MAY: CBI
MAY REPORTED ORDERS VOLUME BALANCE +2 VS -7 APR: CBI
JUN EXPECTED ORDERS VOLUME BALANCE -3 VS -9 MAY: CBI
- May reported retail sales came in substantially stronger than the forecast, recovering the bulk of April losses. We note that this data is relatively volatile and draws most of its value from being a directional indicator.
- Sales were average for May, following the April falls. Outlooks for the upcoming months remain subdued.
- Inventories continue to remain high and rising as demand slows, whilst internet sales fell at the fastest rate on record (since 2009).
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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