February 25th 2015 Daily Market Commentary ECONOMIC NEWS Mortgage Applications in the U.S. were reportedly down 3.5% in February. Mortgage Approvals in Great Britain were reportedly up 36.4K in January, slightly above estimates. The HSBC Manufacturing PMI in China was reported at 50.1, above…
February 24th, 2015 Daily Market Commentary ECONOMIC NEWS The Redbook Index in the U.S., which measures same-store sales growth in general merchandisers, was reportedly up 0.8% and 2.8% in month-over-month and year-over-year terms, respectively. The S&P/Case-Shiller Home Price Indices were reportedly up 4.5% in…
February 20th, 2015 Daily Market Commentary ECONOMIC NEWS Retail Sales in Canada were reportedly down 2% in month-over-month terms, below estimates of a 0.4% drop. Retail sales except autos in Canada were reportedly down 2.3%, below estimates of a 0.8% drop. Retail Sales in…
February 19th, 2015 Daily Market Commentary ECONOMIC NEWS Initial jobless claims in the U.S. were reported at 283K, below estimates of 293K. Continuing Jobless Claims in the U.S. were 2.425M, above estimates of 2.374M. EIA Natural Gas storage changes were reported at -111B, a…
February 18th, 2015 Daily Market Commentary ECONOMIC NEWS Wholesale sales in Canada were reportedly up 2.5% in month-over-month terms, above estimates of 0.3%. Building Permits in the U.S. were reportedly up 1.05M in month-over-month terms, slightly below estimates. Housing Starts in the U.S. were…
February 17th, 2015 Daily Market Commentary ECONOMIC NEWS Canadian portfolio investment in foreign securities was reported at $13.89B, while foreign portfolio investment in Canadian securities was reported at -$13.55B. The NY Empire State Manufacturing Index was reported at 7.78, below estimates of 8.50. A…
February 13th, 2015 Daily Market Commentary ECONOMIC NEWS Manufacturing Shipments in Canada were reportedly up 1.7% in month-over-month terms, above estimates. The Import Price Index in the U.S. was reportedly down 2.8% and 8% in month-over-month and year-over-year terms, respectively. The Export Price Index…
February 12th, 2015 Daily Market Commentary ECONOMIC NEWS Initial Jobless Claims in the U.S. were reported at 304K, above estimates of 285K. Continuing Jobless Claims in the U.S. were reported at 2.354M, slightly below estimates of 2.393M. Retail Sales in the U.S. were reportedly…
February 11th, 2015 Daily Market Commentary ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly down 9%. Commodities: Gold held above a three-week low before Greece holds an emergency meeting with creditors. Oil traded near $50 a barrel after the biggest slide in…
February 10th, 2015 Daily Market Commentary ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in U.S., was reportedly up 0.2% and 2.1% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index was reported at 97.9, below estimates of 101.3. Commodities:…
