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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
- As noted above, used & trucks cars led the strength in core goods, rising 4.4% M/M for the second month running and right at the top end of analyst expectations of 1-4.5% seen beforehand.
- In contribution terms, it provided 0.14pps of the 0.15pps that core goods added to overall core CPI (off its 0.55% M/M increase).
- It meant core goods ex used vehicles saw another particularly tepid 0.00% M/M after 0.04% M/M, a new low since Feb21 and with measures such as the NY Fed’s GSCPI suggesting scope for potential further room to the downside.
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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