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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 AccessWPP The Best Performing €IG Corps Equity Yesterday On Amazon Account Win
Baa2/BBB EUR Spreads In Line
- WPP equity was the best performing €IG corp name yesterday.
- Moves come after Adweek reported that WPP secured Amazon’s media account for EMEA and APAC regions (with Omnicom taking EMEA/APAC) after IPG lost the account, a key win after a six-month review, with USD 2.5bn in total billings (FY23 net new billings was USD 4.5bn for context).
- WPP now set to benefit from Amazon’s ad segment growth + 24% YoY growth in Q1, positioning itself to capture significant spend and further vilifying it’s digital investments.
- EUR spreads were broadly in line with market yesterday.
To read the full story
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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.