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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.
DATA REACT
A few highlights (lowlights?) from July's Philly Fed survey- Fed implied hikes pared a few basis points on the back of the survey, which is definitely recessionary in tone:
- Lowest reading for future general activity since December 1979
- Employment weakest since May 2021 (though still increasing employment on net and future employment index higher)* 4th consecutive drop in current general activity
- New orders down for 2nd consecutive month, but current shipments higher
- Current inventories and unfilled orders were negative
- Prices paid and prices received declined for the 3rd consecutive month but continued to suggest widespread price increases.
Source: Philadelphia Fed
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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