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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
- FHFA home prices disappointed in March, rising just 0.09% M/M (cons 0.5) in a sharper moderation than expected from the particularly strong 1.24% jump in Feb.
- Separately, the S&P CoreLogic 20-city index was in line, rising 0.33% M/M (cons 0.30) in March after a slightly downward revised 0.55% M/M (initial 0.61).
- Prices are still up a strong 6.7% Y/Y and 7.4% Y/Y respectively though, supporting the recent strength in median prices from existing (5.7% Y/Y) and new (3.9% Y/Y) home sales data.
- They for now remain robust to the steady normalization in relative supply of existing home sales and the already sizeable increase in relative supply of new homes.
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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