Free Trial
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
- Real GDP was revised up again from 2.9% to 3.24% annualized in the third Q3 release.
- It was led by personal consumption (from 1.7 to 2.26%) and less so private non-residential investment in positive signs for final domestic demand, offset partly by an even larger than first thought drag from inventories (-1.4pps vs -1.2pps prior).
- That said final domestic demand is still relatively tepid at 1.5% annualized after 0.8% averaged in 1H22, weighed heavily by sliding residential investment.
- The latest Atlanta Fed GDPNow sees only a modest slowing to 2.7% in Q4.
- After a string of downward revisions, GDI also finally sees an upward revision, currently seen +0.8% annualized in Q3 (initially 0.3), which leaves a GDP-GDI average growth rate of 2% annualized in Q3 after -0.5% through 1H22.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok