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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.
ITALY DATA
The Bank of Italy’s Ita-coin indicator, which provides a nowcast for Q/Q Italian trend growth (i.e. excluding seasonal variations, measurement errors and short-run volatility), fell again in June to -0.17, versus -0.06 In May.
- The indicator averaged -0.02 in Q2 (i.e. broadly flat growth).
- This comes following a run of soft domestic data, such as retail sales, industrial production and manufacturing surveys.
- However, offsetting factors include an expansionary services sector (according to surveys) and a strong labour market.
- Current Bloomberg consensus sees Q2 Italian GDP growth at 0.2% Q/Q, after a 0.3% reading in Q1.
- The first estimate of Q2 GDP will be released at the end of this month.
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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