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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
- USDCAD has touched a new session high of 1.3645 with WTI pushing to new lows and the S&P E-mini back near lows and at similar levels to after the US open.
- It continues to test resistance at 1.3640 (May 3 high) after which sits the key 1.3668 (Apr 28 high) holding back an approach closer to the 1.37 handle last seen in late March.
- As opposed to recent sessions with sizeable option expiry at nearby strikes to help dampen movement, tomorrow sees relatively little for nearby strikes which could open scope for larger moves.
- Debt talk headlines likely remain front and centre but tomorrow also sees a solid data docket with monthly PCE/core deflator, preliminary durable goods and finalised U.Mich consumer sentiment after the surprise lift in long-term inflation expectations.
Source: Bloomberg
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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