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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
- Two areas that Vice Chair Brainard had pointed to in a dovish speech last month, average weekly hours and temporary help services, both saw upward revisions and an increase in January.
- Weekly hours averaged 0.1hrs higher per month through 4Q22 and then jumped from 34.4 to 34.7 (cons unchanged at 34.3). That increase doesn’t sound large but it means that hours had been seen at the bottom of the pre-pandemic range but are now above the top-end of the range.
- Temporary help services had been seen peaking in Jul’22 and declining for five consecutive months but that was revised to just two months (Nov and Dec with a still solid -45k average per month) before rising 26k in January.
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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