The Daily Commentary

   

The Daily – July 26th 2016

July 26th, 2016 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of US General Merchandising stores, was down 0.5% and up 0.6% in month-over-month and year-over-year terms, respectively. The S&P/Case Shiller Home Price Indices were up 5.2% in year-over-year…

The Daily – July 25th 2016

July 25th, 2016 Daily Market Commentary   ECONOMIC NEWS An IFO survey of the Business Climate in Germany was reported at 108.3, above estimates. A survey of expectations in Germany was placed at 102.2, above estimates. Commodities: Oil traded near the lowest close in more than…

The Daily – July 22nd 2016

July 22nd, 2016 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was up 0.2% and 1.5% in month-over-month and year-over-year terms, respectively. Retail Sales in Canada were up 0.2% in month-over-month terms.   Commodities: Oil headed for a weekly decline as the…

The Daily – July 21st 2016

July 21st, 2016 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the US were reportedly down 1.3%. Average earnings excluding bonuses were up 2.3% in quarter-over-quarter terms in the UK.   Commodities: Oil traded near a two-month low in New York as total U.S….

The Daily – July 20th 2016

July 20th, 2016 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the US were reportedly down 1.3%. Average earnings excluding bonuses were up 2.3% in quarter-over-quarter terms in the UK.   Commodities: Oil held near $45 a barrel as U.S. industry data showed a…

The Daily – July 19th 2016

July 19th, 2016 Daily Market Commentary   ECONOMIC NEWS Building permits in the US were listed at 1.153M in month-over-month terms, above estimates. US Housing starts were also listed at 1.189M, above estimates. The Redbook Index, which measures same-store sales of US general merchandising stores,…

The Daily – July 18th 2016

July 18th, 2016 Daily Market Commentary   ECONOMIC NEWS Foreign investments in Canadian securities were reported at $14.73B in May, below estimates.   Commodities: Brent crude traded little changed following a failed coup in Turkey as shipments continued through the vital conduit for oil from Russia and…

The Daily – July 14th 2016

July 14th, 2016 Daily Market Commentary   ECONOMIC NEWS The New Housing Price Index in Canada was up 0.7% and 2.7% in month-over-month and year-over-year terms, respectively. The Producer Price Index in the US was up 0.5% and 0.3% in month-over-month and year-over-year terms, respectively….

The Daily – July 13th 2016

July 13th, 2016 Daily Market Commentary   ECONOMIC NEWS The Bank of Canada elected to hold their key interest rate steady at 0.5%, as expected. MBA Mortgage Applications in the US were up 7.2% in July.   Commodities: Oil fell after the biggest gain in three…

The Daily – July 12th 2016

July 12th, 2016 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in US general merchandising stores, was down 0.3% and up 0.8% in month-over-month and year-over-year terms, respectively.   Commodities: Oil rebounded from a two-month low as a weaker dollar…

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