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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
The belatedly released Q2 Senior Loan Officer Survey (found here) showed a notable pullback in the scale of credit tightening seen in Q1, on the back of outright easing in price components for household lending but not businesses.
- Mortgage lending: sharp pause in tightening, with 0.4% after the surge to 35.6% in Q1. Led by a correction in price component whilst non-price conditions still tighten but by less than Q1.
- Non-mortgage lending: less tightening, with 2.9% after 11.6% in Q1, but non-price conditions tightened by the most since the admittedly much larger tightening in conditions during the pandemic.
- Business lending: slightly less tightening, with 7.6% from 11.3% in Q1
- Survey conducted near the end of the Q2.
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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