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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
- Final demand ex food & energy disappoints both on the month and with sizeable downward revisions. The 0.12% M/M in June (cons 0.2) followed 0.14% in May (initially 0.20) and 0.06% in April (initially 0.21).
- It leaves a Q2 average of 0.11% M/M after 0.13% in Q1.
- Final demand ex food, energy & services was more in line, however. It printed 0.10% M/M (cons 0.1) after limited net revisions. That is though following a weaker -0.01% M/M in May. It leaves a Q2 average of 0.0% M/M after 0.32% M/M in Q1.
- The low growth rates chime with yesterday’s CPI core goods ex autos printing 0.00% M/M in June for an average of 0.02% in Q2 from 0.39% in Q1, following the considerable improvement in 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.
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