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
- Existing home sales held up better than expected in October, rising +1.3% M/M (cons -0.4%) after a cumulative 36% decline over the prior seven months.
- Slightly stronger build in inventories nudged the supply up 0.1pts to 3.8 months, a new high since May’20 but still below the 4.9 averaged pre-pandemic in 2019.
- Benchmark home prices fell -1.2% M/M, now down 10% from the Feb peak having fallen every month since then, but still 37% higher since the pandemic onset.
- After some initial fluctuations on US PPI data coming in softer than expected, GoCs maintain broadly similar underperformance to Tsys with 2YY -2.9bps vs -4.2bp in Tsys and 10YY -3.2bps vs -3.9bps.
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