The Daily – July 10th 2014

July 10th 2014 Daily Market Commentary   ECONOMIC NEWS The New Housing Price Index in Canada was reportedly up 0.1% and 1.5% in month-over-month and year-over-year terms, respectively. The Initial Jobless Claims in the U.S. were reported at 304K, below estimates of 316K. Continuing Jobless…

The Daily – July 9th 2014

July 9th 2014 Daily Market Commentary   ECONOMIC NEWS Housing Starts in Canada were reported at 198.2K, above estimates of 189K. MBA Mortgage Applications in the U.S. were reportedly up 1.9%. The Consumer Price Index in China was reportedly down 0.1% and up 2.3% in…

The Daily – July 8th 2014

July 8th 2014 Daily Market Commentary   ECONOMIC NEWS The Redbook index, which measures same-store sales growth in U.S. general merchandisers, was reportedly down 1.2% and up 6% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index for the U.S. was reported at…

The Daily – July 7th 2014

July 7th 2014 Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were reportedly up 13.8%, above estimates of a 3% increase. The Sentix survey of Investor Confidence for the Eurozone was reported at 10.1, above estimates of 7.5. Commodities: Brent traded at the…

The Daily – July 3rd 2014

July 3rd 2014 Daily Market Commentary   ECONOMIC NEWS Great-West Lifeco Inc., one of Canada’s cheapest stocks, is hunting for more acquisitions to expand its money-management business in the U.S. and Europe. Great-West, Canada’s second-biggest insurer with more than C$806 billion ($756 billion) in assets…

The 2 Minute News Cycle

Hello and welcome back! We hope you all enjoyed your quasi-long weekend. It is now back to reality, our brief blogging hiatus is officially over.   Last week, our attention was drawn to the opening of a new, innovative, all-sports website. Its not just the…

The Daily – July 2nd, 2014

July 2nd, 2014 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly down 0.2%. The ADP Employment Change in the U.S. was reported at 281K, above estimates of 200K. GDP in the Eurozone was reportedly up 0.2% and 0.9% in…

The Daily – June 27th, 2014

June 27th, 2014 Daily Market Commentary   ECONOMIC NEWS The industrial product price index in Canada was reportedly down 0.5% in month-over-month terms, below estimates of 0%. The Raw material price index in Canada was reportedly down 0.4% in May, below estimates of -0.1%. The…

The Daily – June 26th, 2014

June 26th, 2014 Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the U.S. were reported at 312K, above estimates of 310K. Personal Consumption Expenditures in the U.S. were reportedly up 0.2% and Commodities: Brent crude traded near its lowest closing level in a…

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