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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.
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Free AccessSurvey Shows ECB Inflation Expectations Fall, Powell In Focus
- Expectations for euro area inflation over the next 12 month and 3-year horizons have fallen, according to the ECB’s latest Consumer Expectations Survey, while expectations for nominal income growth over the next year continued to rise. Consumers' median expectations for inflation over the next 12 months edged down to 4.9% from 5.0% in January, the survey showed while median expectations for inflation three years ahead declined significantly to 2.5%, from 3.0% in the previous month.
- The USD index has kept a narrow trading range overnight and sits moderately firmer on Tuesday. Focus ahead turns to the appearance of Fed's Powell in front of the Senate as he presents his semi-annual testimony later today. He appears in front of the lawmakers at 1500GMT/1000ET; however a release of text is possible ahead of time. There are no tier-one data releases for the duration of the Tuesday session.
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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.