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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.
US DATA
- Existing home sales were slightly softer than expected in March at -2.4% M/M (cons -1.8) as they held onto the bulk of February’s surprising surge at 13.8% M/M (prior 14.5).
- Sale prices at -0.9% Y/Y saw the second month in negative territory (technically -0.03% Y/Y in Feb), masking a large divide between regions with West prices down -7.5% Y/Y but up slightly in Y/Y terms in the other three major regions.
- Months of supply meanwhile maintained last month’s dip to 2.6, looser than the ~2 readings of Mar 21/22 but still tighter than the 3.8 averaged through March 17-19.
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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