The Daily – October 13th, 2015

October 13th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of US general merchandising companies, was down 0.2% and up 1.1% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index was reported at 96.1, slightly above…

The Daily – October 9th, 2015

October 9th, 2015 Daily Market Commentary   ECONOMIC NEWS The Unemployment Rate in Canada crept up to 7.1% in September, above consensus estimates of 6.9%. The Participation rate in Canada was 65.9%, slightly above estimates. The Net Change in Employment in Canada was an addition…

The Daily – October 7th, 2015

October 7th, 2015 Daily Market Commentary   ECONOMIC NEWS Building Permits in August in Canada were down 3.7%, below estimates of 0.8% growth. MBA Mortgage Applications in the U.S. were up 25.5%. Industrial Production in Great Britain in August was up 1% and 1.9% in…

The Daily – October 6th, 2015

October 6th, 2015 Daily Market Commentary   ECONOMIC NEWS International Merchandise Trade in August in Canada was reported at -$2.53B, below estimates of -$1.20B. The Redbook Index, which measures same-store sales growth of U.S. general merchandiser companies, was down 1.6% and up 0.7% in month-over-month…

The Daily – October 5th, 2015

October 5th, 2015 Daily Market Commentary   ECONOMIC NEWS The Markit PMI Composite for the Eurozone was reported at 53.6, slightly below estimates. Retail Sales in the Eurozone were flat and up 2.3% in month-over-month and year-over-year terms, respectively. Both were ahead of expectations. Commodities:…

The Daily – October 1st, 2015

October 1st, 2015 Daily Market Commentary   ECONOMIC NEWS The RBC Manufacturing PMI in Canada was reported at 48.6. Initial Jobless Claims in the U.S. were reported at 277K, above estimates of 270K. Continuing Jobless Claims in the U.S. were reported at 2.191M, slightly below…

The Daily – September 29th, 2015

September 29th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of US general merchandising companies, was down 1.5% and up 0.9% in month-over-month and year-over-year terms, respectively. Consumer Confidence in the US was reported at 103, above estimates…

The Daily – September 28th, 2015

September 28th, 2015 Daily Market Commentary   ECONOMIC NEWS Personal Income in the U.S. grew by 0.3% in month-over-month terms, slightly below estimates. Pending Home Sales in the U.S. fell by 1.4% and grew by 6.1% in month-over-month and year-over-year terms, respectively. Personal spending in…

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