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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
- The Atlanta Fed GDPNow tracker has been revised up to 4.18% annualized from 3.31% with the May 2 release, in the still early days for the Q2 real GDP growth tracker.
- Upward revisions: Real consumption up from 3.2% to 3.9% and real gross private domestic invt up from 4.1% to 6.8%, although it's worth noting that inventories have provided a sizeable share of the latter's push higher.
- Fractionally larger drag from net trade from -0.05pps to -0.10pps.
- It tentatively points to a strong acceleration from the 1.6% in Q1 after an average 4.1% through 2H23.
Source: Atlanta Fed
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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