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 DATA
- The Bloomberg Nanos consumer confidence index resumed its decline last week, with the economic mood measure at 48.8 (-0.8pts) stepping to a new low since early July having paused the week prior.
- Declines were led by the expectations component, but the pocketbook component is more notable in a relative sense, at 52.3 (-0.7pts) pushing to a new recent low since May’20. Being a fresh low, prior to the pandemic it's the lowest since 2013.
- Declines were seen across all four of the main subcomponents: 13.0% vs 13.2% saw better off personal finances over the past year, 50.9% vs 53.5% see their job as secure, 11.8% vs 12.4% see a stronger forward-looking view of the Canadian economy, and 37.2% vs 39.8% expect higher real estate prices. The question on job security is the only area that isn’t the weakest for at least a month.
Bloomberg Nanos consumer confidence (white), wtih pocketbook (green) and expectations (yellow)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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok