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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 DATA ANALYSIS: Australia GDP Solid,...>
AUSTRALIA: MNI DATA ANALYSIS: Australia GDP Solid, H'hold Outlook Unsure
- Household Savings Ratio Lowest Since December 2007
- Australia's better-than-expected second quarter GDP growth was driven mainly
by households, although sustainability is in doubt given the dip into savings to
support expenditure amid slowing income growth. The GDP data supports the
Reserve Bank of Australia's guidance for the next move in the cash rate to be
up, yet much depends on the outlook for household consumption, which remains the
key uncertainty for growth and inflation prospects.
- For full story see MNI Main Wire at 05:01 BST 09/05, or contact us for access.
To read the full story
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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.