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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 Dallas Fed manufacturing survey (-14.5 after -14.4) completes the five regional Fed manufacturing surveys for April.
- The unweighted average bounced from -10.8 to -5.1, back closer to its -3.4 in Feb (highest since Apr 2022), after April gains from Empire, Richmond and especially Philly surveys.
- This improvement goes against the decline seen in the preliminary S&P Global US manufacturing PMI for April, which surprisingly fell from 51.9 to 49.9, although taken together they’re at relative levels similar to the ISM manufacturing’s 50.3 from March.
- Consensus sees ISM mfg dipping slightly to 50.0 on Wednesday although tomorrow’s MNI Chicago PMI can help add color 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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