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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.
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- Further details in the May payrolls report were also mixed.
- Average hourly earnings saw a downward revision but its non-supervisory component accelerated to a very strong 0.45% M/M for its the fastest monthly rate since November.
- On the flip side, average hours worked surprisingly fell further and are approaching pre-pandemic lows, an exacerbated version of the trend decline nearer pre-pandemic averages seen in separate JOLTS quit rates.
- Landing on Jun 2, the mixed payrolls report didn’t alter the recently adopted skip narrative for the Jun 13-14 FOMC, yet the sheer strength of payrolls trimmed rate cuts and Tsys bear flattened.
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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