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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.
US DATA
- The NAHB housing market index met expectations in December, rising from 34 to 37 to unwind half of the latest decline in November.
- As noted beforehand, this consensus reading belies the improvement seen in S&P homebuilder price to book ratios.
- The bounce was limited by an unchanged reading for present sales (40), whilst futures sales (45, +6pts) and prospective buyer traffic (24, +3pts) both increased after five/four consecutive monthly declines.
- There were further differences when looking by region as well, with the West continuing to lag with an overall index unchanged at 28 vs increases across the other major three regions.
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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