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.
The OECD Composite Leading Indicators (CLIs) continue to recover from the lows seen during the Covid-19 crisis, although they suggest a mixed picture across major economies with variations in the pace of growth.
Source: OECD.org
While the CLIs from US and Japan continue to signal stable growth, the CLI for Canada is improving further. Similarly, the CLI for the whole euro area including Germany, France and Italy now point to stable growth conditions. On the other hand, the UK's CLI signals a slowdown. Among the major emerging economies, Brazil's and China's CLIs are showing steady increases, while the CLI for India and Russia also suggest stable growth.
However, the OECD warned that "although vaccinations have begun, governments' efforts to contain COVID-19 are ongoing and the rapidly changing nature of such measures mean that indicators used in the CLI compilation may fluctuate. As such, the CLIs should be interpreted with care."
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.