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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.
CANADA DATA
- Bloomberg Nanos consumer confidence reversed most of the prior week’s decline, rising 0.3pts to 52.6 in the week to Aug 11.
- The details behind the improvement were mixed but continue to show labor market resilience as the perception of current period job security improved further with 52.3% seeing their job as secure from 51.7%, and 19.4% as somewhat secure from a prior 18.3%.
- Elsewhere, six-month ahead real estate views bounced but there was a deterioration in backward-looking personal finances as well as forward-looking views on the Canadian economy.
- Looking in trend terms, the recovery in consumer confidence has plateaued since May with the index at 52-53 vs the 55 to high 50s typically seen ahead of the pandemic.
Source: Bloomberg
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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