Free Trial
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
[The below are excerpts from the MNI Fed Preview, the full report for which can be found here]
- Tackling the releases chronologically, JOLTS provided one of the first significant upward surprises as openings increased by easily more than expected in August (9.6M vs cons 8.8M).
- The already known sharp increase in household unemployment in the month meant this still wasn’t enough to stop some limited further moderation in the ratio to unemployed to technically its lowest since Sep’21, although the pace has stalled at 1.5 through Jun-Aug having been at 1.8 in April.
- Recall that the Fed is looking for close to 1 to indicate a return to pre-pandemic levels. Quit rates meanwhile tempered the beat, remaining near unchanged at 2.3% or a ‘low’ 2.6% for the private sector, both back at pre-pandemic levels.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok