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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
- Conf. Board consumer confidence was stronger than expected in Sept, rising from 103.6 to 108.0 (cons 104.5) to highs since April with gains in both the present situation and expectations indices.
- Combined with a more muted climb in U.Mich current conditions, it re-opens the gap between the two closer to June’s record and is indicative of a broadening in differences between labor market conditions (Conf Board) and those arising from inflation/broader business conditions (U.Mich) - see chart.
- This historically wide gap no longer indicates a further flattening in 2s10s after it closed the gap earlier in the year but nevertheless lends support to current slopes.
Conf Board present situation (yellow), U.Mich current conditions (white), gap (green) and 2s10s (pink)Source: Bloomberg
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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