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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
- Despite the underperformance of Canadian FI since the CPI data, the pair has pushed back towards its pre-data high of 1.3501 on continued downward pressure for the S&P e-mini and WTI remaining below $81 (-2.3%), fully reversing an initial 40 pop lower to 1.3446.
- The earlier increase stopped just shy of 1.3502 (Aug 8 low) after which lies further resistance at 1.3523 (76.4% retrace of May 26-Jul 14 downleg),
- Aside from CAD housing starts, tomorrow should see a more US centric focus with the FOMC minutes as well as housing and industrial production data.
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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