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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.
US DATA
MNI (London)
The Chicago Business Barometer™ Survey asked firms in April whether they will be looking to reduce selling prices or provide discounts in upcoming months to boost sales.
- 50% responded no, 32% were unsure. 18% intend to reduce prices, however some flagged that this depended on costs decreasing in coming months.
- As increased operating expenses from a combination of raw material costs, energy and wages continue to squeeze profit margins, firms voiced reluctance to provide discounts to try to improve order inflows.
- This reluctance to provide discounts signals that the demand environment in the US manufacturing industry is particularly downtrodden at present.
- Despite the Chicago PMI™ New Orders subindex increasing to the least contractive level since August 2022, it has failed to move above the 50 breakeven mark since May 2022.
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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