The Daily – June 9th, 2015

June 9th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook index, which measures same-store sales growth in the U.S., was reportedly down 1.7% and up 1.2% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism index in the U.S. was reported at 98.3….

The Daily – June 8th, 2015

June 8th, 2015 Daily Market Commentary   ECONOMIC NEWS Housing starts in Canada were up 201.7K in year-over-year terms, above estimates of 185K. Building permits in Canada were up 11.6%, far above estimates of a 6% drop. Industrial production in Germany was reportedly up 0.9%…

The Daily – June 2nd, 2015

June 2nd, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index in the U.S., which measures same-store sales growth in general merchandising companies, was down 0.3% and up 1.7% in month-over-month and year-over-year terms, respectively. The COP for the Eurozone was up 0.3% in…

The Daily – June 1st, 2015

June 1st, 2015 Daily Market Commentary   ECONOMIC NEWS The RBC Manufacturing PMI was reported at 49.8. Personal spending in April in the U.S. was flat over April, below estimates of 0.2% growth. Personal Income in the U.S. was up 0.4% in April, slightly above…

The Daily – May 29th, 2015

May 29th, 2015 Daily Market Commentary   ECONOMIC NEWS Canadian annualized GDP was reportedly down 0.6% in quarter-over-quarter terms, below estimates. GDP in Canada fell 0.2% in month-over-month terms, also below estimates. Annualized GDP in the U.S. was -0.7%, slightly above estimates of -0.8%. CPI…

The Daily – May 28th, 2015

May 28th, 2015 Daily Market Commentary   ECONOMIC NEWS The Industrial Product Price Index in Canada was down 0.9%, below estimates of 0.1%. The Raw Material Price Index was up 3.8%, above estimates of 1.6%. Initial jobless claims in the U.S. were 282K, above estimates…

The Daily – May 27th, 2015

May 27th, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were down 1.6%. Consumer Confidence in Germany was reported at 10.2, slightly above estimates. Consumer Confidence in France was reported at 93, slightly below estimates. Commodities: Oil recovered from its…

The Daily – May 26th, 2015

May 26th, 2015 Daily Market Commentary   ECONOMIC NEWS Housing Prices in the U.S. were up 0.3% in month-over-month terms, below estimates. The Case-Shiller Home Price Indices were up 5% in year-over-year terms, above estimates. Durable Goods orders in the U.S. were down 0.5% and…

The Daily – May 25th, 2015

May 25th, 2015 Daily Market Commentary   ECONOMIC NEWS Commodities: Gold slipped, extending the biggest weekly loss since April, as prospects for the first U.S. interest rate increase since 2006 helped to push the dollar to a one-month high. Silver and palladium declined. Copper extended…

Twitter IconVisit Our LinkedIn Page