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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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A new Business Roundtable survey has found that CEOs are markedly more confident about the economy than they were three months ago.
- Axios reports: “CEOs are expecting stronger sales and more capital investment, indicating that the economy might keep booming in the months ahead. For the first time in two years, the quarterly gauge is above its historical average, signaling the economic uneasiness that has defined recent months may finally be fading.”
- Axios: "The lobbying group's index jumped by 11 points in the first quarter to 85 — topping the long-running average average by 2 points. That double-digit surge reflect a larger share of CEOs planning to increase capital spending—investments in equipment, factories and the like—and expectations of stronger company sales relative to the previous quarter."
- Cisco CEO Chuck Robbins, who chairs the Business Roundtable, said: "This quarter's survey results underscore the resiliency of the U.S. economy and suggest accelerating economic activity over the next six months.”
Figure 1: Business Roundtable CEO Economic Outlook Index
Source: Business Roundtable/Axios
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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