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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
- The Philly Fed manufacturing index was notably weaker than expected in November, falling from -8.7 to -19.4 (cons -6.0).
- Barring the depths of the pandemic, this is the lowest level since Aug’11 and before that 2009, although if there was one positive takeaway it was the 6-month ahead measure bouncing from -14.9 to -7.1 (but still depressed).
- It is however, firmly at odds with Tuesday's surprise increase in the Empire survey to +4.5, with other Regional Fed surveys now watched for a better take on potential bias for the broader ISM manufacturing survey.
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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