Free Trial
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
- Import prices ex petroleum surprisingly increased 0.7% M/M (cons 0.1) in April after a slightly upward revised 0.1% M/M (initial 0.0) in March.
- The increase pushed above January’s 0.6% M/M for the strongest monthly increase since Dec’22.
- This acceleration is more in keeping with Tuesday’s surprise jump in PPI ex food & energy inflation to 0.50% M/M vs cons 0.2, in a sign of increased pipeline pressures.
- Those pressures are yet to be felt in core goods CPI, with core goods ex used cars averaging 0% for the latest three months.
- As the chart below shows, the latest uplift also goes against the recent improvement in global supply chain pressures.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok