The Daily – April 24th, 2015

April 24th, 2015 Daily Market Commentary   ECONOMIC NEWS Durable Goods orders in the U.S. were up 4% in March, above estimates of a 0.6% rise. Durable goods orders excluding transportation fell 0.2%, below estimates of 0.3% growth. Commodities: Gold declined, extending a second weekly…

The Daily – April 23rd, 2015

April 23rd, 2015 Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the U.S. were reported at 295K, slightly above estimates of 290K. Continuing Jobless claims in the U.S. were 2.325M, slightly above estimates as well. The Market Manufacturing PMI was 54.2, missing estimates…

The Daily – April 22nd, 2015

April 22nd, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly up 2.3%. The U.S. Housing Price Index was reportedly up 0.7% in month-over-month terms. Commodities: Oil fell for a second day before U.S. government data that’s forecast to…

The Daily – April 21st, 2015

April 21st, 2015 Daily Market Commentary   ECONOMIC NEWS The wholesale sales in Canada were reportedly down 0.4%, below estimates of 0%. The Redbook index, which measures same-store sales of U.S. general merchandise companies, was reportedly up 0.1% and 0.8% in month-over-month and year-over-year terms,…

The Daily – April 20th, 2015

April 20th, 2015 Daily Market Commentary   ECONOMIC NEWS The Chicago Fed National Activity Index was down 0.42 points in March. The construction output in the Eurozone was reportedly down 1.8% and 3.7% in month-over-month and year-over-year terms, respectively. Commodities: Gold held above $1,200 an…

The Daily – April 15th, 2015

April 15th, 2015 Daily Market Commentary   ECONOMIC NEWS A Bank of Canada interest rate decision resulted in steady interest rates. Industrial production in the U.S. was reportedly down 0.6% in month-over-month terms, below estimates of a 0.3% drop. Capacity utilization in the U.S. was…

The Daily – April 13th, 2015

April 13th, 2015 Daily Market Commentary   ECONOMIC NEWS The Chinese trade balance was reported at $3.08B, far below estimates of $45.35B, as both exports and imports fell strongly. Commodities: Oil advanced a third day as skepticism among U.S. lawmakers over a nuclear deal with…

The Daily – April 10th, 2015

April 10th, 2015 Daily Market Commentary   ECONOMIC NEWS The unemployment rate in Canada was reported in line with estimates, at 6.8%. The net change in employment in Canada was reported at 28.7K, above estimates of no change. Housing starts in Canada were reportedly up…

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