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 Reserve Bank of Australia's inaugural release of insights from its liaison team in Friday's Statement on Monetary Policy shows businesses are seeing "turning points' In a range of indicators.
While retail demand remains elevated, the liaison team assessed that it "seemed to have plateaued" in real terms and sales of new homes have declined. Hiring intentions were viewed as having eased from "very high" levels and wages growth was expected to pick up further in coming quarters.
The report showed a small but growing number of goods-related firms reported an easing in their non-labour cost pressures. While most firms would raise prices over coming months months, the increases were expected to be smaller than recent price changes Conditions in the labour market were assessed as remaining "very tight" and wages growth has picked up further.
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.