The Daily – November 7th, 2014

November 7th Daily Market Commentary   ECONOMIC NEWS Net change in employment in Canada for October was reported at 43.1K, far above estimates of -5K. The participation rate in Canada was reportedly unchanged at 66%. The unemployment rate in Canada fell to 6.5%, far below…

The Daily – November 6th, 2014

November 6th Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were reportedly up 12.7% in month-over-month terms, above estimates of 6%. Initial Jobless Claims in the U.S. were reported at 278K, below estimates of 285K. Continuing Jobless Claims in the U.S. were reported…

The Daily – November 5th, 2014

November 5th Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly down 2.6%. The ADP Employment Change in the U.S. was reported at 230K, above estimates of 220K. Retail Sales in the Eurozone were reportedly down 1.3% and up 0.6%…

The Daily – November 4th, 2014

November 4th Daily Market Commentary   ECONOMIC NEWS International Merchandise Trade in Canada was reported at $0.71B, above estimates of -$0.10B. Imports and Exports in Canada were reported at $44.08B and $44.79B, respectively. Imports were below estimates, while exports were above. The trade balance in…

The Daily – November 3rd, 2014

November 3rd Daily Market Commentary   ECONOMIC NEWS The RBC Manufacturing PMI for Canada was reported at 55.3. The Markit Manufacturing PMI for the Eurozone was reported at 50.6, slightly below estimates of 50.7. Commodities: Gold fell near a four-year low set last week on…

The Daily – October 31st, 2014

October 31st Daily Market Commentary   ECONOMIC NEWS Personal Spending in the U.S. was reportedly down 0.2%, below estimates of a 0.1% rise. Personal Income in the U.S. was reportedly up 0.2%, in month-over-month terms, below estimates of 0.3%. The Personal Consumption Expenditure in the…

The Daily – October 29th, 2014

October 29th Daily Market Commentary   ECONOMIC NEWS Industrial Product Prices in Canada were reportedly down 0.4% in month-over-month terms, below estimates of a 0.1% drop. The Raw Material Price Index for Canada dropped 1.8% in September, also far below estimates of a 0.9% drop….

The Daily – October 27th, 2014

October 27th Daily Market Commentary   ECONOMIC NEWS The M3 Money Supply in the Eurozone was reportedly up 2.1% and 2.5% in 3-month and year-over-year terms, respectively. Private loans in the Eurozone were reportedly down 1.2% in year-over-year terms, slightly above estimates. Commodities: Brent crude…

The Daily – October 23rd, 2014

October 23rd Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the U.S. were reported at 283K, slightly above estimates of 282K. Continuing Jobless Claims in the U.S. were reported at 2.351M, slightly below estimates. The Housing Price index in the U.S. was reportedly…

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