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Policy
Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Data
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Global Macro
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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's data team highlight that UK GDP.......>
UK DATA: MNI's data team highlight that UK GDP data is set to show stronger Q2
growth:
-Analysts Tend To Be Overly Optimistic in Q2: Over the past 19 Q2 GDP estimates,
analysts overestimated on average by 0.06 pct points.
-Sullom Voe No Longer a Source of Woe: April, May saw industrial production fail
to break away from a weak Q1. May's contraction, however, was largely due to
unplanned maintenance on the Sullom Voe oil and gas terminal, as well as the
hottest May on record which lowered utilities output.
-Retail Sales Point to Strong Q2 but Weak June Services Output: Growth in retail
sales will add 0.11 pp to second quarter GDP, according to an ONS official.
-Weak Manufacturing Momentum Likely Carried Over Into June: ONS officials
stressed that the weak performance in Q1 was not weather-related and therefore
could illustrate inherent weakness.
-Weather-Sensitive Construction Output Likely to Reverse Q1's Weakness:
According to ONS officials, half of Q1's 0.8% decline in construction output was
down to the weather.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.