title

Morning Notes

   

The Daily – June 26th, 2017

June 26th, 2017   Daily Market Commentary     Canadian Headlines Slumping crude prices appear set to cut short the loonie’s best run this year. That’s music to the ears of hedge funds that are still near the most bearish on the Canadian dollar in…

The Daily – June 23rd, 2017

June 23rd, 2017   Daily Market Commentary     Canadian Headlines Warren Buffett’s deal to back Home Capital Group Inc. does more than support a struggling mortgage lender — it’s a vote of confidence for a housing market that everyone from investors to global ratings companies…

The Daily – June 22nd, 2017

June 22nd, 2017   Daily Market Commentary     Canadian Headlines Canadian stocks were little changed following a roller-coaster day that saw the benchmark spike on falling oil inventories, then fall back into the red. The S&P/TSX Composite Index fell 1 point to 15,148.53. Financial…

The Daily – June 21st, 2017

June 21st, 2017 Daily Market Commentary     Canadian Headlines: Canadian stocks dropped to a 2017 low as oil entered a bear market after falling to the lowest level in nine months. The S&P/TSX Composite Index fell 0.8 percent to 15,149.60 at the close, as energy stocks dropped…

The Daily – April 10th, 2017

April 10th, 2017 Daily Market Commentary       Economic News: Housing Starts in Canada were reported at 254K, above estimates. The Consumer Price Index in Greece was reportedly up 1.7% in year-over-year terms, above estimates. A Sentix survey of Investor Confidence in the Eurozone…

The Daily – April 7th, 2017

April 7th, 2017 Daily Market Commentary       Economic News: The Canadian Unemployment Rate was quoted at 6.7%, in line with estimates. The US Unemployment rate was quoted at 4.5%, down from 4.7%. Average Hourly Earnings in the US were up 2.7% in year-over-year…

The Daily – April 6th, 2017

April 6th, 2017 Daily Market Commentary       Economic News: Building Permits in Canada were reportedly down 2.5% in month-over-month terms, worse than estimated. Continuing jobless claims in the US were reported at 2.03M, below estimates. Initial Jobless Claims were also below estimates. The…

The Daily – April 5th, 2017

April 5th, 2017 Daily Market Commentary       Economic News: The ISM Non-Manufacturing PMI in the  US was reported at 55.2, below estimates. The Markit Services PMI was quoted at 52.8, also below estimates. The EU Markit PMI Composite was quoted at 56.4, below…

The Daily – April 4th, 2017

April 4th, 2017 Daily Market Commentary       Economic News: International Merchandise Trade in Canada was reported at -$0.97B, far below expectations. The Redbook Index, which measures same-store sales growth of US General Merchandising companies, was reportedly down 0.7% and up 1.3% in month-over-month…

The Daily – April 3rd, 2017

April 3rd, 2017 Daily Market Commentary       Economic News: The RBC Manufacturing PMI figure in Canada was quoted at 55.5, above estimates. The US ISM Manufacturing PMI was quoted at 57.2, above estimates. One year total US Vehicle Sales were listed at 16.62M…

Twitter IconVisit Our LinkedIn Page