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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 OUTLOOK/OPINION
- Primary dealer analysts on balance see small upside risk to the broader consensus for nonfarm payrolls growth of 190k, with their median of 200k.
- With a 'low' 4.0% unemployment rate reading in May (3.96% after 3.86% in April), it's not surprising that analysts are somewhat skewed to a downside surprise for the u/e rate in June.
- AHE growth is also seen with modest hawkish risk to the median of 0.3% M/M, with some noting a calendar shift which would then be reversed in July. It already follows a surprisingly strong 0.4% M/M increase in May.
- See the full MNI Payrolls Preview here.
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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