The Daily Commentary

   

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…

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,…

Twitter IconVisit Our LinkedIn Page