Free Trial
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.
CANADA
- CORRA futures are starting to see a slightly larger rally 45 minutes after the BoC decision and MPR, with nearer-term contracts sticking to the 2.5bp rally for the U3 and 4bp rally for the Z3/M4, but increasing thereafter up to 7bps for the Jun'25, such is the nature of continued heavy data dependence.
- The terminal implied yield is still seen in the Dec’23 (+8.5bps), with 2024 cuts building only modestly to 49bps to the Dec'24 from 47bp prior.
- BoC-dated OIS currently points to a terminal with about 10bps of cumulative tightening at the January meeting from 50/50 or slightly higher beforehand.
- Governor Macklem's press conference comes at the top of the hour.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok