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.
US DATA
- It had to come at some point after twelve consecutive monthly declines, but the NAHB home builder sentiment surprisingly firmed in January, rising 4pts to 35 after November’s 31 had come within 1pt of the Apr’20 low.
- It’s still only the highest since October but the monthly improvement is broad-based both regionally and by component, with present sales and prospective buyer traffic moving off recent lows and future sales increasing for the second month.
- Combined with today’s weekly mortgage application data, it provides tentative signs that we could be seeing the bottom of the housing downturn as hard data starts to support a prior turnaround in the S&P 500 homebuilders index [chart].
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