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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
- A small beat for factory orders partly offset by a downward revision plus minimal revisions to core durable goods orders in the finalised January print don’t materially change the US manufacturing outlook.
- Core orders held onto the (nominal) 0.8% M/M bounce in Jan after two monthly declines, leaving a very subdued 3M/3M trend of just -0.3% annualized.
- Previously released (real) industrial production was running at a weaker -4.7% annualized on the same trend basis in January, whilst the ISM mfg survey levelling off with a 47 handle in Jan-Feb continues to suggest there could be further downside ahead for the manufacturing sector despite a bounce in its new orders subcomponent (from 42.5 to 47.0).
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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