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Morning Notes

   

The Daily – September 10th, 2015

September 10th, 2015 Daily Market Commentary   ECONOMIC NEWS Capacity Utilization in Canada was reported at  81.3%, slightly below estimates of 81.7%. The New Housing Price Index in Canada was up 0.1% and 1.3% in month-over-month. Initial Jobless claims in the U.S. were reported at…

The Daily – September 9th, 2015

September 9th, 2015 Daily Market Commentary   ECONOMIC NEWS The Bank of Canada held their key interest rate steady at 0.5%, as expected. Housing starts in Canada were reported at 216.9K, above expectations. Building permits in Canada fell by 0.6% month-over-month, ahead of expectations. JOLTS…

The Daily – September 8th, 2015

September 8th, 2015 Daily Market Commentary   ECONOMIC NEWS The NFIB Business Optimism Index in the U.S. was reported at 95.9, slightly below estimates. Eurozone GDP was up 0.4% and 1.5% in quarter-over-quarter and year-over-year terms, respectively. Commodities: Brent crude oil rose on Tuesday as…

The Daily – September 4th, 2015

September 4th, 2015 Daily Market Commentary   ECONOMIC NEWS The Net Change in Employment in Canada was listed at 12K, far above estimates of -4.5K. The participation rate in Canada was quoted at 65.9%, slightly above estimates. The Unemployment rate in Canada was listed at…

The Daily – September 3rd, 2015

September 3rd, 2015 Daily Market Commentary   ECONOMIC NEWS International Merchandise Trade in Canada was negative $0.59B, slightly below what was expected, indicating stronger exports than expected. The US Markit PMI Composite was reported at 55.7. The Markit Services PMI in the U.S. was reported…

The Daily – September 2nd, 2015

September 2nd, 2015 Daily Market Commentary   ECONOMIC NEWS The ADP Employment Change in the US was 190K, below estimates of 201K. MBA Mortgage Applications in the U.S. were up 11.3%. Nonfarm productivity was up 3.3% in the second quarter, above estimates of 2.8%. The…

The Daily – September 1st, 2015

September 1st, 2015 Daily Market Commentary   ECONOMIC NEWS GDP in Canada was up 0.5% in month-over-month terms, above estimates of 0.2% growth. In quarter-over-quarter terms, the Canadian GDP shrank at an annualized rate of 0.5%, slightly slower than the forecasted 1% rate of shrinkage….

The Daily – August 31st, 2015

August 31st, 2015 Daily Market Commentary   ECONOMIC NEWS The Chicago Purchasing Managers’ Index was reported at 54.4, below estimates of 54.7. The Consumer Price Index in the Eurozone was up 0.2% in year-over-year terms, above estimates of 0.1%. The Consumer Price Index core for…

The Daily – August 28th, 2015

August 28th, 2015 Daily Market Commentary   ECONOMIC NEWS Personal spending in the U.S. was up 0.3%, slightly below estimates. Personal Income in the U.S. was up 0.4% in month-over-month terms, in line with estimates. The Personal Consumption expenditures in the U.S. were up 0.1%…

The Daily – August 27th, 2015

August 27th, 2015 Daily Market Commentary   ECONOMIC NEWS Annualized GDP in the U.S. was revised upwards to 3.7%, above estimates of a revision to 3.2% growth. The Initial Jobless claims figures were up 271K, below estimates of 274K. Pending Home Sales in the U.S….

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