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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
- Non-farm payrolls surged in January, rising 517k vs consensus 189k, whilst the annual benchmark revision left a notably stronger than first thought trend through 2H22 and with strong revisions for hours worked.
- The unemployment rate fell to the lowest since 1969, an even more hawkish surprise than analyst survey skew had indicated, despite population control-adjusted household employment was notably softer.
- Against that backdrop, AHE was one of the weaker areas of the report, recording a monthly pace in January that could be consistent with Powell’s abating a little bit, but even that came with upward revisions.
Please find the full review including summaries from twenty analysts here: https://marketnews.com/mni-us-employment-insight-feb-23-storming-report-helps-higher-for-longer-theme
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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