The Daily – May 6th, 2016

May 6th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Participation Rate in Canada was reported at 65.8%. The Net Change in employment in Canada was -2.1K jobs in April. The April Unemployment Rate in Canada was 7.1%, slightly below estimates of 7.2%. Average hourly…

The Daily – May 4th, 2016

May 4th, 2016 Daily Market Commentary   ECONOMIC NEWS: International Merchandise Trade in Canada was reported at -$3.41B, a wider deficit than the anticipated $1.40B. MBA Mortgage Applications in the US were down 3.4% in April. ADP Employment figures in the US for April were…

The Daily – May 3rd, 2016

May 3rd, 2016 Daily Market Commentary   ECONOMIC NEWS: The Producer Price Index in the Eurozone was up 0.3% and down 4.2% in month-over-month and year-over-year terms, respectively. Both were above estimates. A manufacturing PMI figure for China was reported at 49.4, below estimates and…

The Daily – May 2nd, 2016

May 2nd, 2016 Daily Market Commentary   ECONOMIC NEWS: UK GDP was up 0.4% and 2.1% in quarter-over-quarter and year-over-year terms, respectively. MBA Mortgage Applications in the US were down 4.1% Pending Home Sales in the US were up 1.4% in both month-over-month and year-over-year…

The Daily – April 27th, 2016

April 27th, 2016 Daily Market Commentary   ECONOMIC NEWS: UK GDP was up 0.4% and 2.1% in quarter-over-quarter and year-over-year terms, respectively. MBA Mortgage Applications in the US were down 4.1% Pending Home Sales in the US were up 1.4% in both month-over-month and year-over-year…

The Daily – April 26th, 2016

April 26th, 2016 Daily Market Commentary   ECONOMIC NEWS: Durable Goods orders in the US were up 0.8% in March, below estimates of 1.8% growth. Excluding transportation, the figure was down 0.2%. The Redbook index, which measures same-store sales growth of US general merchandising companies,…

The Daily – April 25th, 2016

April 25th, 2016 Daily Market Commentary   ECONOMIC NEWS: A survey of business expectations in Germany was reported at 100.4, below estimates. Commodities: Oil retreated from the highest close in five months amid signs a global glut will be prolonged as Middle East producers boost supplies….

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