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Morning Notes

   

The Daily – August 15th, 2016

August 15th, 2016 Daily Market Commentary   ECONOMIC NEWS The NY Empire State Manufacturing Index was quoted at -4.2, below estimates. Industrial production in Japan was down 1.5% and up 2.3% in month-over-month and year-over-year terms, respectively. Commodities: Oil traded near the highest closing level in…

The Daily – August 10th, 2016

August 10th, 2016 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the US were up 7.1%. EIA Crude Oil storage figures listed a 1.05M increase, opposed to an expected drawdown of over 4M barrels. The Q2 Unemployment Rate in Portugal was quoted at…

The Daily – August 9th, 2016

August 9th, 2016 Daily Market Commentary   ECONOMIC NEWS Housing starts in Canada were up 198K, slightly above estimates. The Redbook Index, which measures same-store sales growth in US General Merchandise companies, was down 0.2% and up 0.5% in month-over-month terms, respectively. Unit labour costs…

The Daily – August 8th, 2016

August 8th, 2016 Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were down 5.5% in month-over-month terms. A Sentix survey of investor confidence in the EU was reported at 4.2, above estimates. Commodities: Oil gained after OPEC’s president said the group will hold informal…

The Daily – August 5th, 2016

August 5th, 2016 Daily Market Commentary   ECONOMIC NEWS The unemployment rate in the US ticked up to 4.9% from 4.8%, reportedly. The labour force participation rate also ticked up to 62.8% from 62.7%. US Average Hourly Earnings were up 0.3% and 2.6% in month-over-month…

The Daily – July 28th 2016

July 28th, 2016 Daily Market Commentary   ECONOMIC NEWS Initial jobless claims in the US were quoted at 266K, above estimates. Continuing Jobless claims in the US were quoted at 2.14M, also slightly above estimates. The Consumer Price Index in Germany was up 0.3% and…

The Daily – July 27th 2016

July 27th, 2016 Daily Market Commentary   ECONOMIC NEWS Durable Goods orders in the US were down 4% in June, far below the estimated 1.1% drop. MBA Mortgage Applications in the US were down 11.2% in June. UK GDP in Q2 was up 0.6% in…

The Daily – July 26th 2016

July 26th, 2016 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of US General Merchandising stores, was down 0.5% and up 0.6% in month-over-month and year-over-year terms, respectively. The S&P/Case Shiller Home Price Indices were up 5.2% in year-over-year…

The Daily – July 25th 2016

July 25th, 2016 Daily Market Commentary   ECONOMIC NEWS An IFO survey of the Business Climate in Germany was reported at 108.3, above estimates. A survey of expectations in Germany was placed at 102.2, above estimates. Commodities: Oil traded near the lowest close in more than…

The Daily – July 22nd 2016

July 22nd, 2016 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was up 0.2% and 1.5% in month-over-month and year-over-year terms, respectively. Retail Sales in Canada were up 0.2% in month-over-month terms.   Commodities: Oil headed for a weekly decline as the…

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