The Daily – January 19th, 2015

January 19th, 2015 Daily Market Commentary   ECONOMIC NEWS Foreign portfolio investment in Canadian securities in November was reported at $4.29B. Canadian portfolio investment in foreign securities was reported at $1.83B. Construction Output  in the Eurozone was reportedly up 0.1% and 2.2% in month-over-month and…

The Daily – January 16th, 2015

January 16th, 2015 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in the U.S. was reportedly down 0.4% and up 0.8% in month-over-month and year-over-year terms, respectively. Industrial Production in the U.S. was reportedly down 0.1%, below expectations of flat growth. Capacity utilization…

The Daily – January 14th, 2015

January 14th, 2015 Daily Market Commentary   ECONOMIC NEWS The Export Price Index in the U.S. was reportedly down 1.2% and down 3.2% in month-over-month and year-over-year terms, respectively. Retail Sales in the U.S. were reportedly down 0.9% in month-over-month terms in December, below estimates…

The Daily – January 13th, 2015

January 13th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth for general merchandising stores in the U.S., was reportedly down 3.2% and up 3.8% in year-over-year and month-over-month terms, respectively. The NFIB Business Optimism Index was reported at…

The Daily – January 12th, 2015

January 12th Daily Market Commentary   ECONOMIC NEWS   Commodities: Gold rose to a one-month high on speculation that the Federal Reserve will go slow in raising interest rates to safeguard the economic expansion. Silver and platinum advanced. Copper in London held losses near the…

The Daily – January 8th, 2015

January 8th Daily Market Commentary   ECONOMIC NEWS The New Housing Price Index in Canada was reportedly up 0.1% and 1.7% in month-over-month and year-over-year terms, respectively.  The Initial Jobless Claims in the U.S. were reportedly up 294K, above estimates of 290K. Continuing Jobless claims…

The Daily – January 7th, 2015

January 7th Daily Market Commentary   ECONOMIC NEWS Imports and Exports in Canada were reported at $43.91B and $43.26B, respectively. MBA Mortgage Applications in the U.S. were reportedly up 11.1%. The ADP Employment Change figure for the U.S. was reported at 241K, above estimates of…

The Daily – January 6th, 2014

January 6th Daily Market Commentary   ECONOMIC NEWS The Canadian Raw Material Price Index in November was reportedly down 5.8%, below estimates of a 4.7% drop. The Industrial Product Price index was reportedly down 0.4%, slightly above the estimated 0.8% drop. The Markit Services PMI…

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