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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
- RE the bounce off the lows in USD and Treasury yields - some pinning move on better revisions and/or better earnings metrics.
- Industry breakdown shows that despite slowdown in overall hiring, leisure & hospitality workers were still winners in earnings growth (1.4% growth on month, 10.3% growth on year) with transportation/warehousing and financial activities also seeing decent gains. Could be contributing to underlying inflationary narrative.
- Treasury yields remain north of yesterday's highs at 1.32% last, EUR/USD settling just shy of 1.19
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Source: BLS/MNI
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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