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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
- Adding to the sizeable moderation in core non-housing services, it’s notable that core goods ex used cars & trucks did indeed also slow heavily from 0.33% to 0.04% M/M for its softest since Feb’21.
- We flagged in the Preview the sizeable improvements in supply chain pressures (NY Fed’s GSCPI shown in chart below at levels not seen since Nov’08) which had fed through more quickly into input cost pressures judging by core PPI but were yet to materialise in consumer prices.
- Total core goods inflation bouncing from 0.18% to 0.57% M/M was clearly driven by used cars swinging from -0.9% to +4.45% M/M.
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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