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 DATA
- Manufacturing sales increased 0.4% M/M (advance 0.2%) in May after an upward revised 1.4% (initial 1.1%) in April.
- Volumes increased a reasonable 0.4% M/M after 0.7% in April, but they still have a way to go to claw back the heavy -1.6% from March. It leaves sales -4.3 annualized on a 3M/3M basis.
- Wholesale sales ex petroleum were -0.8% M/M (advance -0.9%) although with the small beat offset by a downward revised 2.0% (initial 2.4%) in April.
- Volumes were -0.8% M/M after 1.4%, with the 3M/3M down a heavy -3.7% annualized.
- It comes ahead of retail sales on Friday, seen slipping -0.5% M/M (advance -0.6%) in May after 0.7% in April.
- Combined, the three monthly indicators point to a tepid May, although we have to wait until Jul 31 for May GDP.
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