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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
- Existing home sales help 2Y Tsy yields rise to cycle highs with a smaller than expected decline in August of -0.4% M/M (cons. -2.3%) as the pace slowed abruptly from the -5.7% in July and an average monthly decline of almost -5% through 1H22.
- That's despite price growth continuing to cool, with NAR’s Yun noting recent declines are larger than usual. Median price growth slowed to 7.7% Y/Y from a most recent peak of 15% in May’22 and cycle peak of 25% May’21.
- Levels of inventory held at 3.2 months of current sales after strong increases, which despite being a sizeable increase in supply compared to post-pandemic levels, remains tight compared to the 2019 average of 3.9.
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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