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
- The BAX rate path has shifted sharply higher today, led by the Mar’23 up 22bps for a huge 63bp increase since last after Wednesday’s BoC decision and on its way for crudely implying a terminal overnight rate close to 3.75%.
- It’s been supported by both the US CPI beat and a strong Canadian employment report, with accelerating wage growth getting most attention in the latter.
- It has prompted some analysts to revise their BoC rate calls higher, most notably GS with a 75bp hike in July and a 25bp higher terminal rate of 3.5% in Dec’22, but also with CIBC now seeing a terminal rate of 2.75% from 2.5%.
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