The Daily – June 4th, 2014

June 4th, 2014 Daily Market Commentary   ECONOMIC NEWS Canadian Exports and Imports were reported at $42.83B and $43.36B, respectively. Exports were slightly below estimates, while imports were slightly above. MBA Mortgage Applications in the U.S. were reported at -3.1%. The ADP Employment Change in…

The Legacy of Tiananmen Square- 25 Years On

In the lives of many, June 4th marks a rather innocuous day. This year, it falls on a Wednesday, typically a lull in the work-week. However this Wednesday is no ordinary ‘hump day’, because it marks the anniversary of one of the most important events…

The Daily – June 3rd, 2014

June 3rd, 2014 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in the Eurozone was reportedly up 0.5% in year-over-year terms, slightly below estimates of 0.7%. The Consumer Index Price Core was reportedly up 0.7%. The Unemployment Rate in the Eurozone was reported…

The Seasonality of Gold

Following a tough winter, summer has finally arrived in Canada. While, the summer months typically herald warmer temperatures and a cottage exodus for Canadians, the period has marked a historically less rosy picture for gold. Gold represents a variety of things to investors: a flight…

The Daily – June 2nd, 2014

June 2nd, 2014 Daily Market Commentary   ECONOMIC NEWS The Markit Manufacturing PMI in Great Britain was reported at 57, in line with estimates. Mortgage Approvals in Great Britain were reported at 62.9K, below estimates. The Consumer Price Index in Germany was reportedly down 0.1%…

The Daily – May 30 2014

May 30, 2014 Daily Market Commentary   ECONOMIC NEWS Annualized GDP for Canada was reportedly up 1.2% in quarter-over-quarter terms, below estimates of 1.8%. Month-over-month GDP in Canada was reported at 0.1%, in line with estimates. The Industrial Product Price index in Canada was down…

American Tea with a European Flavour

This week, our blog has focused on the EU parliamentary elections and its broader impact on Europe as a whole. Yesterday’s blog post outlined how the victory of once fringe candidates in the UK, France, Austria, Hungary and others represents a shifting European attitude.  …

From the Fringe to the Front

Yesterday’s blog post discussed how a number of radical, Eurosceptic parties enjoyed widespread success across Europe in the recent European Parliamentary (EP) elections. Traditional, mainstream parties and its politicians were confronted by a number of new, radical parties that threaten to polarize an already divided…

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