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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 saw another solid increase last week, with the economic mood index rising 0.5pts to 53.1 for its highest since Jun 2 and before that May 2022.
- Interestingly, gained were heavily led by six-month ahead views on real estate (jumping from 47.0 to 50.2% for increases) and to a much lesser extent only a limited bounce in backward-looking personal finances to remain off levels before the prior week’s decline.
- On the flip side, current period job security weakened as it almost fully unwound the prior week’s improvement (falling from 52.3 to 51.8% for secure) and forward-looking views on the economy also fell to their lowest in at least a month (down from 13.8% to 13.6% for stronger).
- For historical context, the index has recovered strongly off late 2022 lows but remains below the 55-60 range 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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