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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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- Payrolls then followed and confounded a tepid ADP print, instead surging 336k in September for nearly twice as fast as expected and along with a strong 119k two-month upward revision.
- This was where the overtly hawkish aspects of the report ended though, with average hourly earnings missing expectations for a second month, this time at 0.21% M/M (cons 0.3) for its softest single month since Feb’22.
- Further, the household survey saw the unemployment rate not give back any of August’s surprise jump to 3.8%, also in keeping with latest FOMC median projections for 4Q23.
- The combination left a picture of still rampant job creation but with swiftly tempered wage growth.
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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