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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 has been revised down to 3.6% from 3.77% in yesterday’s update.
- It’s a further downward revision from the 4.2% in May 8, with yesterday’s retail sales a large driver of the downgrade.
- Latest revisions: real gross private domestic investment lower from 7.3% to 5.6%, partly offset by real personal consumption increased from 3.2% to 3.4% and a smaller net trade drag from -0.09pp to -0.06pps.
- It follows the lower than expected 1.6% annualized real GDP growth in Q1 after a surprisingly strong 2H23 when growth averaged 4.1%.
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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