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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.
EUROPEAN DATA
MNI (London)
- European PMIs are forecasted to edge down across the region for both manufacturing and services in this morning's October flash release.
- Below are the consensus expectations for October, which indicate a weak start to Q4 for major economies, as many anticipate negative growth into year-end. Uncertain global economic outlooks, soaring inflation and rising interest rates continue to suppress demand in both services and manufacturing.
- Steep contractions in output and/or slowing employment will be closely watched for, as well as signals of easing price pressures being sustained. Political turmoil will likely drag confidence lower for the UK and add to recessionary risks.
- France will kick off the round at 0815 BST, followed by Germany (0845BST), the eurozone (0900 BST) and UK (0930 BST). The US flash data is due in the afternoon at 1445 BST.
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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