The Daily – December 7th, 2015

December 7th, 2015 Daily Market Commentary   ECONOMIC NEWS A Sentix Investor Confidence survey resulted in a score of 15.7, below estimates of 17. Commodities: Oil extended losses below $40 a barrel amid speculation a record global glut will be prolonged as OPEC effectively abandoned…

The Daily – December 4th, 2015

December 4th, 2015 Daily Market Commentary   ECONOMIC NEWS The Purchasing Manager’s Index in Canada was reported at 57.9 for November. The unemployment rate in the US was quoted at 5%, in line with estimates. The US participation rate was 62.5%. Nonfarm payrolls in the…

The Daily – December 1st, 2015

December 1st, 2015 Daily Market Commentary   ECONOMIC NEWS GDP in Canada was down 0.5% in month-over-month terms, and came in at an annualized rate of 2.3% in quarter-over-quarter terms, slightly below estimates of 2.4%. The Redbook index, which measures same-store sales growth of US…

The Daily – November 30th, 2015

November 30th, 2015 Daily Market Commentary   ECONOMIC NEWS The Current Account in Canada in Q3 was reported at -$16.21B. The Consumer Price index in Germany was up 0.1% and 0.4% in month-over-month and year-over-year terms, respectively. GDP in Portugal was flat and up 1.4%…

The Daily – November 18th, 2015

November 13th, 2015 Daily Market Commentary   ECONOMIC NEWS Housing starts in the US were up 1.06M in month-over-month terms, slightly below estimates. MBA Mortgage Applications in the US were up 6.2% as of November 13th. Construction output in the Eurozone was down 0.4% and…

The Daily – November 13th, 2015

November 13th, 2015 Daily Market Commentary   ECONOMIC NEWS Retail Sales in the US were up 0.1% and up 0.2% in month-over-month terms, both including and excluding autos, respectively. Both figures were below estimates. The Producer Price Index in the US was down 0.4% and…

The Story Behind the Remembrance Day Poppy

This is the story of how the red field poppy came to be known as an internationally recognized symbol of Remembrance. From its association with poppies flowering in the spring of 1915 on the battlefields of Belgium, France and Gallipoli this vivid red flower has…

The Daily – November 11th, 2015

November 11th, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the US were down 1.3%. Average earnings excluding bonuses in the UK were up 2.5% over the quarter, slightly below estimates. Commodities: Oil fell to its lowest in two weeks in New…

The Daily – November 10th, 2015

November 10th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in US general merchandising stores, was reportedly up 0.8% and 1.1% in month-over-month and year-over-year terms, respectively. The Import and export indices in the US were down 10.5%…

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