The Daily Commentary

   

The Daily – February 24th, 2017

February 24, 2017 Daily Market Commentary       Economic News: The Canadian CPI was up 0.3% and 2.1% in month-over-month and year-over-year terms, respectively. The US Michigan Consumer Sentiment Index was quoted at 96.3, slightly above estimates. New Home Sales in the US were…

The Daily – February 22nd, 2017

February 22, 2017 Daily Market Commentary       Economic News: Retail Sales in Canada were reportedly down 0.5% in month-over-month terms in December. The US Redbook index, which measures same-store sales growth of general merchandisers, was reportedly up 0.5% and 1.1% in month-over-month and…

The Daily – February 17th, 2017

February 17, 2017 Daily Market Commentary       Economic News: Foreign portfolio investment in Canadian Securities was quoted at $10.23B, below estimates. The Baker Hughes US Oil Rig Count was quoted at 597, up 6 from the last report Retail Sales in the UK…

The Daily – February 16th, 2017

February 16, 2017 Daily Market Commentary       Economic News: Initial jobless claims in the US beat estimates, while continuing jobless claims were slightly worse than estimates. Foreign Direct Investment year-to-date in China was reportedly down 9.2% in year-over-year terms. French Unemployment was quoted…

The Daily – February 15th, 2017

February 15, 2017 Daily Market Commentary       Economic News: European stocks rose, heading for their longest winning streak in 18 months, as they joined a global equity rally fueled by Federal Reserve Chair Janet Yellen’s stance that more interest-rate increases would be appropriate if the…

The Daily – February 13th, 2017

February 13, 2017 Daily Market Commentary     Economic News: European stocks rose in a broad rally, approaching their highest level since December 2015, as increasing copper prices boosted the shares of basic-resources companies. The Stoxx 600 finished last week with a 0.9 percent gain…

The Daily – February 8th, 2017

February 8, 2017 Daily Market Commentary     Economic News: European stocks gained ground on Wednesday, adding to the previous session’s rise, following a raft of corporate results from bellwethers including Rio Tinto Plc and Sanofi SA. The basic resources sector index has gained 10…

The Daily – February 6th, 2017

February 6, 2017 Daily Market Commentary     Economic News: The Canadian dollar cleared a major technical hurdle versus the U.S. dollar last week, which puts it en route toward next significant resistance at around 1.2000. European stocks advanced on Monday, adding to Friday’s gains,…

The Daily – February 1st, 2017

February 1, 2017 Daily Market Commentary     Economic News: European stocks rallied on Wednesday as shares most sensitive to economic growth such as automakers and industrials climbed after Siemens AG earnings beat estimates and China reported stronger factory data. Optimism about corporate earnings boosted…

The Daily – January 27th, 2017

January, 27th 2017 Daily Market Commentary       Economic News: European stocks edged lower, trimming a weekly gain, as UBS Group AG paced banks’ first decline in four days. S. stock-index futures were steady on Friday, with benchmark indexes set to hover close to…

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