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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
- U.Mich consumer sentiment was much weaker than expected in the preliminary May report at 67.4 (cons 76.2) after an unrevised 77.2.
- The press release notes the 10pt decline is “statistically significant” and leaves sentiment at the lowest in about six months.
- “This month’s trend in sentiment is characterized by a broad consensus across consumers, with decreases across age, income, and education groups.”
- Consumers “expressed worries that inflation, unemployment and interest rates may all be moving in an unfavorable direction in the year ahead.”
- 1Y expectations increased to 3.5% (cons 3.2) after 3.2%, its highest since November.
- 5-10Y expectations increased a tenth to 3.1% (cons 3.0) after 3.0%, also its highest since November but still within the 2.9-3.1% typically seen since Aug 21.
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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