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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
- New home sales continued their volatile streak in October, surprisingly bouncing 7.5% (cons -5.5%) after falling -11% in Sep - green line in chart.
- Particularly large swings across the four regions leave some question marks for the beat, book-ended by the North-East up 46% and the West down -1%.
- Nevertheless, there has been a broad plateauing in new home sales in recent months.
- This is contrary to the continued decline in both existing home sales and building permits, with existing/pending sales particularly of note after giving a better steer at the bottom of the last housing downturn.
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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