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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
- Conference Board consumer confidence was stronger than expected in May at 102.3 (cons 99.0) although still represented a decline on the month after a sizeable upward revision to 103.7 (initial 101.3). The net impact was lowest consumer confidence since November.
- The increase was led by expectations (little changed at 71.5 from an upward revised 71.7 vs 68.1 prior) whilst the present situation softened (at 148.6 from 151.8 vs 151.1 prior).
- Along with the revised trajectory, some of the gloss is taken off by the labor market differential dipping from 36.9 to 31 for technically its lowest since Apr’21 having got close in Oct/Nov.
- It was led by jobs plentiful falling from 47.5 to 43.5 (lowest since Apr’21) whilst hard to get increased from 10.6 to 12.5 (highest since Nov).
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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