The Daily Commentary

   

The Daily – August 18th, 2016

August 18th, 2016 Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the US were quoted at 262K, lower than estimates. Continuing Jobless claims in the US were quoted at 2.175M, slightly higher than estimates. Commodities: Oil held its advance after the longest run of…

The Daily – August 16th, 2016

August 17th, 2016 Daily Market Commentary   ECONOMIC NEWS Mortgage applications in the US were down 4%in August. The Unemployment Rate in the Great Britain was quoted at 4.9%, in line with estimates. Commodities: U.S. stock-index futures were little changed as investors awaited minutes from the Federal…

The Daily – August 16th, 2016

August 16th, 2016 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in the US was up 0% and 0.8% in month-over-month and year-over-year terms, respectively. Housing starts in the US were up 1.211M in July, above estimates. Building Permits in the US were…

The Daily – August 15th, 2016

August 15th, 2016 Daily Market Commentary   ECONOMIC NEWS The NY Empire State Manufacturing Index was quoted at -4.2, below estimates. Industrial production in Japan was down 1.5% and up 2.3% in month-over-month and year-over-year terms, respectively. Commodities: Oil traded near the highest closing level in…

The Daily – August 10th, 2016

August 10th, 2016 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the US were up 7.1%. EIA Crude Oil storage figures listed a 1.05M increase, opposed to an expected drawdown of over 4M barrels. The Q2 Unemployment Rate in Portugal was quoted at…

The Daily – August 9th, 2016

August 9th, 2016 Daily Market Commentary   ECONOMIC NEWS Housing starts in Canada were up 198K, slightly above estimates. The Redbook Index, which measures same-store sales growth in US General Merchandise companies, was down 0.2% and up 0.5% in month-over-month terms, respectively. Unit labour costs…

The Daily – August 8th, 2016

August 8th, 2016 Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were down 5.5% in month-over-month terms. A Sentix survey of investor confidence in the EU was reported at 4.2, above estimates. Commodities: Oil gained after OPEC’s president said the group will hold informal…

The Daily – August 5th, 2016

August 5th, 2016 Daily Market Commentary   ECONOMIC NEWS The unemployment rate in the US ticked up to 4.9% from 4.8%, reportedly. The labour force participation rate also ticked up to 62.8% from 62.7%. US Average Hourly Earnings were up 0.3% and 2.6% in month-over-month…

The Daily – July 28th 2016

July 28th, 2016 Daily Market Commentary   ECONOMIC NEWS Initial jobless claims in the US were quoted at 266K, above estimates. Continuing Jobless claims in the US were quoted at 2.14M, also slightly above estimates. The Consumer Price Index in Germany was up 0.3% and…

The Daily – July 27th 2016

July 27th, 2016 Daily Market Commentary   ECONOMIC NEWS Durable Goods orders in the US were down 4% in June, far below the estimated 1.1% drop. MBA Mortgage Applications in the US were down 11.2% in June. UK GDP in Q2 was up 0.6% in…

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