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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
- Retail sales modestly weaker than expected in November, falling -0.6% M/M (cons -0.2) and the control group -0.2% M/M (cons +0.1%) after a downward revised +0.5% in Oct (initial +0.7%).
- The result is a 3-month trend rate for the control group slowed from 6% to 3.6% annualized, in nominal terms, the softest since Dec’21.
- It adds downside risk to next week’s consumer spending (Dec 23), consensus for which is already seen slowing from 0.8% to 0.2% M/M, and with particular focus on what happened in real terms.
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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