Free Trial
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
- Very large miss for NY Fed Empire survey, sliding to -31.3 (cons 5.0) in the first of the regional manufacturing surveys for August.
- It has been particularly volatile of late and had been overly optimistic jumping to +11 in July vs other regional surveys and ISM, but that still stands out, led by sliding new orders.
- Small consolation will be the bounce in the 6mths ahead measure to +2.1 but that’s only back to the lows of the pandemic for that measure (+1.2 Mar’20).
- Treasury yields rallied further on the release and despite some retracement from snap reaction lows, are still 4-5bps lower on the day through 2-10y tenors.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok