The Daily – March 23rd, 2017

March 23rd, 2017 Daily Market Commentary       Economic News: New Home Sales in the US were reportedly up 600K in the US, above estimates. Continuing Jobless Claims in the US were quoted at 2M in march, slightly below estimates. Retail Sales in the…

The Daily – March 22nd, 2017

March 22nd, 2017 Daily Market Commentary       Economic News: The Housing Price Index in the US was reportedly flat in month-over-month terms, below estimates. Existing home sales were quoted at 5.48M in month-over-month terms in the US, below estimates. Mortgage applications in the…

The Daily – March 21st, 2017

March 21st, 2017 Daily Market Commentary       Economic News: Retail Sales in Canada were up 2.2% in month-over-month terms. The Redbook Index, which measures same-store sales growth in US General Merchandisers, was reportedly down 0.6% and up 1.2% in month-over-month and year-over-year terms,…

The Daily – March 20th, 2017

March 20th, 2017 Daily Market Commentary       Economic News: Wholesale Sales in Canada were up 3.3% in month-over-month terms. The Producer Price Index in Germany was up 0.2% and 3.1% in month-over-month and year-over-year terms, respectively. Canada: Canada’s Finance Minister is sticking by…

The Daily – March 17th, 2017

March 17th, 2017 Daily Market Commentary       Economic News: Manufacturing Shipments in Canada were up 0.6% in month-over-month terms, above estimates. Industrial Production in the US was flat in month-over-month terms, below estimates. The Michigan Consumer Sentiment Index was reported at 97.6, above…

The Daily – March 16th, 2017

March 16th, 2017 Daily Market Commentary       Economic News: Foreign Investment in Canadian Portfolios in January was $6.2B, far below estimates. Housing Starts in the US were up 1.29M, above estimates. Initial Jobless Claims int he US were quoted at 241K, above estimates…

The Daily – March 15th, 2017

March 15th, 2017 Daily Market Commentary       Economic News: As most expected, the US Federal Reserve elected to raise their key interest rate measure to a range 0f 0.75% to 1.0%, up from 0.50% to 0.75%. The US Consumer Price Index was up…

The Daily – March 14th, 2017

March 14th, 2017 Daily Market Commentary       Economic News: The Producer Price Index in the US was up 0.3% and 2.2% in month-over-month and year-over-year terms, respectively. Both figures were above estimates. The Redbook Index, which measures same-store sales growth from US General…

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