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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 non-manufacturing index climbed from -12.8 to -6.5 in January to its highest since September.
- Somewhat mixed details, with new orders jumping from -2.1 to +10.8 to the highest since March but the 6-month ahead general activity falling back from 6.4 to 2.4 and unwinding half of December’s improvement.
- Prices paid showed a further sizeable decline, down 5.6pts to 46.1 having been 79.4 in October and its lowest since Jun’21, but this lags the previous moderation in ISM services.
- Greater focus will be on the upcoming S&P Global US PMI preliminary January print before ultimately ISM services although the latter falls after the FOMC Feb 1 decision on Feb 3 (ISM mfg lands on the day, Feb 1).
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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