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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
- The merchandise trade deficit came in much lower than expected in July at C$0.99B (cons C$3.53B) albeit after a larger than first thought C$4.92B (initial C$3.73B).
- The trade balance still deteriorated on a three-month trend basis though as a C$1B surplus from April dropped out.
- It leaves a deficit equivalent to -2% GDP having flipped notably from the 0.1% GDP three months prior, with the deterioration two-parts non-energy and one-part energy.
- Add in a fairly steady services deficit a little under -1% GDP and the overall goods & services trade balance has widened to an estimated -2.9% GDP on the three-month rolling basis for its widest deficit since late 2020.
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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