The Daily Commentary

   

The Daily – May 3rd, 2016

May 3rd, 2016 Daily Market Commentary   ECONOMIC NEWS: The Producer Price Index in the Eurozone was up 0.3% and down 4.2% in month-over-month and year-over-year terms, respectively. Both were above estimates. A manufacturing PMI figure for China was reported at 49.4, below estimates and…

The Daily – May 2nd, 2016

May 2nd, 2016 Daily Market Commentary   ECONOMIC NEWS: UK GDP was up 0.4% and 2.1% in quarter-over-quarter and year-over-year terms, respectively. MBA Mortgage Applications in the US were down 4.1% Pending Home Sales in the US were up 1.4% in both month-over-month and year-over-year…

The Daily – April 27th, 2016

April 27th, 2016 Daily Market Commentary   ECONOMIC NEWS: UK GDP was up 0.4% and 2.1% in quarter-over-quarter and year-over-year terms, respectively. MBA Mortgage Applications in the US were down 4.1% Pending Home Sales in the US were up 1.4% in both month-over-month and year-over-year…

The Daily – April 26th, 2016

April 26th, 2016 Daily Market Commentary   ECONOMIC NEWS: Durable Goods orders in the US were up 0.8% in March, below estimates of 1.8% growth. Excluding transportation, the figure was down 0.2%. The Redbook index, which measures same-store sales growth of US general merchandising companies,…

The Daily – April 25th, 2016

April 25th, 2016 Daily Market Commentary   ECONOMIC NEWS: A survey of business expectations in Germany was reported at 100.4, below estimates. Commodities: Oil retreated from the highest close in five months amid signs a global glut will be prolonged as Middle East producers boost supplies….

The Daily – April 22nd, 2016

April 22nd, 2016 Daily Market Commentary   ECONOMIC NEWS: Canada’s measure for Core inflation was up 0.7% and 2.1% in month-over-month and year-over-year terms, respectively. The Canadian CPI was up 0.6% and 1.3% in month-over-month and year-over-year, respectively. Retail Sales in Canada during February were…

The Daily – April 18th, 2016

April 18th, 2016 Daily Market Commentary   ECONOMIC NEWS: Foreign investment in Canadian securities was $16B, while Canadian investment in foreign securities was $4.4B in February. The housing price index for Great Britain was up 1.3% and 7.6% in month-over-month and year-over-year terms, respectively. Commodities:…

The Daily – April 15th, 2016

April 15th, 2016 Daily Market Commentary   ECONOMIC NEWS: Manufacturing Shipments in Canada were reportedly down 3.3% in month-over-month terms, more than expected. The NY Empire State Manufacturing Index was reported at 9.56, above estimates. Industrial production in the US was down 0.6% in month-over-month…

The Daily – April 11th, 2016

April 11th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Consumer Price Index in China was reportedly down 2.3% and 0.4% in month-over-month and year-over-year terms, respectively. The Producer Price Index in China was down 4.3% in year-over-year terms.   Commodities: Oil halted gains after the…

The Daily – April 8th, 2016

April 8th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Unemployment rate in Canada was quoted at 7.1%, below estimates of 7 .3%. The participation rate in Canada was steady at 65.9%. Housing starts in Canada also beat expectations, at 204K, when 190K were expected….

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