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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
- Capacity utilization fell by less than expected in Q3 to 82.6% (cons 82.2) from 82.8 (revised lower from 83.8).
- Mining cap util rising to recent pre-pandemic highs helped offset a sharper dip in manufacturing (76.6%, -1.6pts).
- Whilst total industry cap util continues to trend higher, the broad stabilization in manufacturing industries will offer some concern to the BoC in evidence from a supply side disruption perspective after warning that inflation remains too high along with short-term expectations.
- There has been a similar move in US capacity utilization, trending higher through to mid-2022 with the pace then slowing somewhat.
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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