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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
- It’s caveated by being a small weekly survey, but the Bloomberg Nanos consumer confidence index last week saw its largest single week increase since Feb’22.
- It increased 1.4pts to 50.2 for the highest and also the first net positive reading since June.
- There were continued improvements in perceived job security and year ahead expectations for the Canadian economy, although a majority still see the economy weakening (49% weaker, 16% stronger).
- USDCAD has dipped 10 pips lower since the release but has partly coincided with a broader USD move. Tomorrow’s CPI remains clearly in focus.
Bloomberg Nanos Confidence indexSource: Bloomberg
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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