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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 edged 1pt higher to 45 as expected in April, still the highest since Sep’22 having recovered from a low of 31 in Dec.
- The small gain on the month came as 2/3pt gains in present/future single family sales were offset by flat prospective buyer traffic. Individual trends are broadly similar though, with only future sales faring slightly better on a relative basis at the highest since Jun’22.
- Regionally, the modest overall gain was led by the west and Midwest with south and northeast regions unchanged.
- It continues a trend recovery in homebuilder sentiment but the rate is petering out, following a broad stalling in price to book ratios.
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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