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Why MNI
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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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Free AccessRegional Fed Surveys and Chicago PMI Point To Small ISM Mfg Increase
- The Dallas Fed activity index completed the July round of regional Fed manufacturing surveys (rising to -20 from -23.2), with the average of the five near unchanged at -10.5 after -10.1 in a mild improvement from levels earlier in the year including a low of -16.5.
- There was unusually little change on the month across each region, with the largest drop in the Empire survey from +6.6 to +1.1 as it held most of its prior surprise jump.
- The average remains at a level implying a small improvement in tomorrow’s ISM mfg survey, and indeed consensus looks for 46.9 from 46.0.
- A similar increase was supported by today’s MNI Chicago PMI despite a small miss, rising to 42.8 (cons 43.4) from 41.5, whilst the S&P Global PMI equivalent saw a sharper increase from 46.3 to 49.0.
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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.