The Daily Commentary

   

The Daily – January 27th, 2016

January 27th, 2016 Daily Market Commentary   ECONOMIC NEWS: MBA Mortgage Applications in the US were up 8.8%. Consumer Confidence in Germany was reported at 9.4, slightly above estimates. Commodities: Oil resumed its decline near $30 a barrel after U.S. industry data showed crude stockpiles increased,…

The Daily – January 26th, 2016

January 26th, 2016 Daily Market Commentary   ECONOMIC NEWS: Consumer Confidence in the US was reported at 98.1, slightly above estimates. The S&P/Case-Shiller Home Price Indices were up 5.8% in year-over-year terms, slightly above estimates. The Redbook Index, which measures same-store sales growth of US…

The Daily – January 22nd, 2016

January 22nd, 2016 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was up 1.6% in year-over-year terms, slightly below estimates. Retail Sales in Canada were up 1.7% in month-over-month terms, far above estimates of 0.2% growth. The US Markit Manufacturing PMI…

The Daily – January 21st, 2016

January 21st, 2016 Daily Market Commentary   ECONOMIC NEWS Continuing Jobless claims in the US were quoted at 2.2M, slightly below estimates. Initial Jobless Claims were reported at 293K, above estimates of 278K. Consumer Confidence in the Eurozone was reported at -6.3, slightly worse than…

The Daily – January 20th, 2016

January 20th, 2016 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in the US was down 0.1% and 0.7% in month-over-month and year-over-year terms, respectively. Housing Starts in the US were up. 1.15M, slightly below estimates. Building permits were slightly ahead of estimates…

The Daily – January 19th, 2016

January 19th, 2016 Daily Market Commentary   ECONOMIC NEWS Canadian investment in foreign securities was listed at $16.46B in November, while foreign investment in Canadian securities was only $2.6B over the same period. The Consumer Price Index in the Eurozone was flat in month-over-month terms…

The Daily – January 18th, 2016

January 18th, 2016 Daily Market Commentary   ECONOMIC NEWS The Housing Price Index in China was up 1.6% in December. Industrial Production in Japan was down 0.9% and up 1.7% in month-over-month and year-over-year terms, respectively. Commodities: Gold climbed for a second day as a global…

The Daily – January 15th, 2016

January 15th, 2016 Daily Market Commentary   ECONOMIC NEWS Retail Sales in the US, excluding Autos, were reportedly down 0.1%, below estimates of 0.2% growth. Industrial Production in the US was down 0.4% in month-over-month terms, also below estimates. The Reuters/Michigan Consumer Sentiment Index in…

The Daily – January 13th, 2016

January 13th, 2016 Daily Market Commentary   ECONOMIC NEWS MBA mortgage applications in the US were up 21.3%. Industrial Production in the Eurozone was down 0.7% and up 1.1% in month-over-month and year-over-year terms, respectively. Commodities: Oil bounced back after tumbling below $30 a barrel for…

The Daily – January 12th, 2016

January 12th, 2016 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in US general merchandising stores, was down 1% and up 1.7% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index in the US was quoted at…

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