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Global Macro
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Canada Fall Economic Statement Preview: Watching Issuance And CMB Plans
- Released from 1600ET, the Fall Economic Statement is expected to mark the current fiscal year’s deficit higher, mostly as a result of programs announced since the March Budget, whilst prior commitments limit the scope for improvement thereafter.
- Freeland is expected to focus on housing affordability and cost of living issues but isn’t expected to rock the boat here, with greater uncertainty on the composition of planned issuance (both GoCs and bills) and long-awaited details on what’s happening to the CMB program.
- Today’s reaction to decent moderation in core CPI inflation suggests potentially greater skew in market reaction towards a more inflationary budget than expected.
- Find the full report here: https://roar-assets-auto.rbl.ms/files/58167/Canada%20EFU%20Preview%20Nov-2023.pdf
To read the full story
Sign up now for free trial access to this content.
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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.