All signal, no noise

All signal, no noise

All signal, no noise

Latest insights

MNI interviews former BLS commissioner after Trump fires BLS commissioner.

Aug-01 23:23

Massive downward revisions to payrolls dominate a week of significant data releases, with a September cut firmly eyed

Aug-01 19:31

MNI interviews ISM CEO Thomas Derry.

Aug-01 17:44

MNI interviews former Boston Fed President.

Aug-01 16:03

Austria, Germany, Spain and France look to hold auctions in the upcoming week. We pencil in issuance of E25.4bln.

Aug-01 12:55

Latest insights

Trial MNI

Trial our real time service now

FI Market Analysis

Treasury’s Quarterly Refunding for August brought a meaningful set of enhancements to the buyback program.

July 31, 2025 03:19

We expect two-sided risks but with greater sensitivity to a dovish report after a hawkish shift on a patient Powell

July 31, 2025 10:36

Overall the decision was taken mildly dovishly by markets.

July 30, 2025 06:27

Overall the decision was taken mildly dovishly by markets.

July 30, 2025 05:11

FX Market Analysis

A weekly wrap of some of the key data outcomes/macro themes for the Asia Pac region

July 24, 2025 06:08

Fed communications since the June FOMC meeting have been largely cautious on the inflation outlook.

July 23, 2025 02:22

See the PDF for BOE balance sheet tracker, supply previews, projected gilt market cash flows and issuance calendar.

July 21, 2025 11:18

We look in detail at the UK June CPI and the July vintage of labour market data and its impact on the MPC.

July 21, 2025 05:49