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
- GoC yields sit 1-2bp lower after the post-Victoria Day open.
- It sees Can-US differentials dip 0.5-2bp from Friday (largest for the 2Y) to leave them a little further off recent highs with the 2Y at -61.5bp and 10Y at -81bps but still far off mid-April lows of -75bps and -94bps respectively.
- Canada CPI is firmly in focus at 0830ET – preview: https://roar-assets-auto.rbl.ms/files/64303/Canada...
- It’s likely to have important implications for the Jun 5 decision which is currently seen as almost a coin toss for a first cut with BoC-dated OIS sitting between 11-12bps. A 25bp cut is fully priced for July.
- Further out, CORRA futures show 63bp of cuts over 2024 contracts (42bp starting from the Jun’24) before a further 67bp of cuts through 2025.
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