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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
- Of note when looking at the very weak March advance estimate of -1.4% M/M for retail sales, the response rate was unusually low at 28.4%.
- It compares with the 51% last month and a five-month average of 44% (excluding the Jan advance which is harder to find retrospectively) - table below.
- Front end GoCs have pared some of the further post-retail sales gains but hard to fully separate from subsequent fluctuations in Treasuries. Nevertheless, the latest implied weakness in retail sales should be taken with caution at this stage.
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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