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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.
DATA REACT
Weaker-than-expected on initial claims (up 2k to 373k vs 350k expected), with weaker revision to prior - the first setback since the 2nd week of June. And continuing claims a little better than expected (-145k to 3,339k vs 3,350k expected) but more than made up for by a weaker revision.
- In itself, a fairly modest miss - but taken in the context of the recent Tsy rally and the Fed minutes, another reminder that the labor market isn't yet achieving the FOMC's "substantial further progress" threshold.
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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