Free Trial

What to watch (1/2)

MARKET INSIGHT
  • The main focus of the day ahead will be the release of the US CPI print at 13:30BST. Core CPI inflation is seen slowing only moderately to 0.4% M/M after the surprise jump to 0.57% in August, and with analysts seeing some upside risk. An extremely large miss is required to knock the Fed off course from a fourth 75bp hike on Nov 2 (74bp priced). There are greater implications for Dec and Feb meetings, which currently show a broad scaling back to 50bp and 25bp hikes, along with current pricing of a rate cut in 2H23.

To read the full story

Close

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.