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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
- Overall nominal retail sales are toned down from the 0.5% advance to instead print 0.2% M/M in May, whilst April was revised down marginally to 1.0% (initial 1.1%).
- The May details were soft: ‘Core’ (ex autos/gas) sales were flat in May, whilst overall volumes printed 0.1% with a return to soft retail price inflation after 0.3% for volumes in April.
- The June advance points to no growth on the month, with the 48% response rate one of the higher figures in recent months.
- The combination leaves nominal retail sales on track to have increased just 0.3% annualized in Q2 after 2.9% in Q1 and 3.8% in Q4, with the latest developments working against some upside surprises for wholesale and manufacturing sales.
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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