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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
- Solid retail sales release for Sep vs consensus. Headline retail sales misses (0.0% vs 0.2% expected) but prior revised up (+0.4% vs 0.3%). Control group beats expectations (+0.4% vs 0.3% expected) and prior revised up (+0.2%). Beats on ex-auto and ex-auto/gas, with upward revisions to both.
- There's the usual caveat that retail sales are a nominal measure but the 3-mth run rate of 4% annualized for the control group is now below the 5.5% for consumer spending back in Aug vs 1% real spending at the time, after tepid real growth all year to date.
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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