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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 manufacturing PMI fell to 47.0 (cons 49.0) in Aug prelim after 49.0, only lowest since June.
- The services PMI fell to 51.0 (cons 52.2) after 52.3 for its weakest since February.
- The composite PMI fell to 50.4 (cons 51.5) after 52.0.
- The press release on composite activity: "Subdued client demand drove the slowdown across the economy, as total new orders declined for the first time in six months. Contractions in new orders were seen at manufacturers and service providers alike."
- "Meanwhile, cost pressures regained some momentum as the rate of input price inflation quickened on the back of greater fuel, wage and raw material costs. Efforts to remain competitive and drive sales stifled the pace of selling price inflation, however, which softened from that seen in July."
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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