© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CANADA AUGUST FLASH FACTORY SALES +1%; FLASH WHOLESALE +2.6%

MNI China Daily Summary: Tuesday, September 26

MNI BRIEF: Bank Payouts Tighten Policy Stance - ECB Bulletin

MNI:US JUL FHFA HPI SA +0.8% V +0.4% JUN; +4.6% Y/Y

MNI: US REDBOOK: SEP STORE SALES +4.0% V YR AGO MO

MNI: US SEP PHILADELPHIA FED NONMFG INDEX -16.6

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

MNI BRIEF: Highlights From BOC Governor Macklem Speech

MNI BRIEF: Finance Minister Calls BOC Pause 'Welcome Relief'

MNI DATA IMPACT: July Chicago Biz Barometer Remains Below 50

MNI (London)
     LONDON (MNI) - The Chicago Business Barometer, produced by MNI, eased
further to 44.4 in July from 49.7 last month, the second sub-50 reading in 30
months.
     The following are the key points from the July MNI Chicago Report:
     - The weakness in the Barometer observed in Q2 continued into the current
quarter, with the latest outturn making it the weakest start to Q3 since the
financial crisis.
     - The Production indicator fell 22% on the month to hit a 10-year low.
Demand remained muted, highlighted by the New Orders indicator that subsided
further into contraction.
     - Weaker demand and production led firms to shrink their workforce. The
Employment indicator nosedived into contraction for the first time since October
2017, hitting the lowest level since October 2009.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
--MNI London Bureau; tel: +44 203-586-2224; email: shaily.mittal@mni-indicators.com
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
[TOPICS: MAUDS$,M$U$$$,MT$$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
USData StoriesImpactDataPolicy NewsBellRegionNorth America
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
USData StoriesImpactDataPolicy NewsBellRegionNorth America
To read the full story
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.