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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 DATA
- The S&P Global Canadian mfg PMI ticked up to a three-month high in October but remained in contractionary territory for its sixth month, at 48.6 from 47.5.
- The increase in the index came from softer contractions in both output and new orders. However, the press release notes that "production continued to fall at a marked pace, reflective of not just an absence of new work but also a lack of skilled staff and delays in the delivery of inputs.” Full release here.
- Further of concern: “input price inflation jumped, and concerns that high prices will persist combined with the possibility of recession meant confidence in the outlook slipped to its lowest level for nearly three-and-a-half years” or since the depths of the pandemic.
Source: S&P Global
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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