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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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Free AccessMNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
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MNI BRIEF: Japan Sep Consumer Confidence Drops
Japan's consumer confidence index fell in September as all components deteriorated from the previous month but the Cabinet Office left its economic assessment unchanged, data released by the Cabinet Office on Friday showed
The consumer confidence index fell to 30.8 in September from 32.5 in August, the latest Consumer Confidence Survey data showed. The index dropped after two months of gains. The latest survey was conducted from September 6 to September 20.
The government repeated that consumer confidence is weakening. Consumer confidence has been hit by a rise in living costs caused by high resource prices and the weak yen, which has hurt private consumption. The data also showed the share of respondents projecting consumer price gains rose to 94.0% in September from 93.8% in August. The share of respondents forecasting lower prices rose to 2.4% from 2.1%.
The sub-index on asset prices, not included in calculating overall consumer confidence, stood at 35.5 in September, down from 38.9 in August.
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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.