The Daily Commentary

   

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….

The Daily – April 6th, 2016

April 6th, 2016 Daily Market Commentary   ECONOMIC NEWS: Mortgage Applications in the US were up 2.7% in the US in March. Industrial Production in Germany was up1.3% in year-over-year terms. The China services PMI was reported at 52.2.   Commodities: Oil extended gains after Kuwait…

The Daily – April 5th, 2016

April 5th, 2016 Daily Market Commentary   ECONOMIC NEWS: Canada’s International Trade deficit in February was reported at -$1.91B, almost double expectations. Retail Sales in the Eurozone were reportedly up 0.2% and 2.4% in month-over-month and year-over-year terms, respectively. Both were above expectations. The US…

The Daily – April 4th, 2016

April 4th, 2016 Daily Market Commentary   ECONOMIC NEWS: A Sentix survey of investor confidence for the Eurozone was reported at 5.7, which was below expectations. The unemployment rate in the Eurozone was quoted at 10.3%. The Producer Price Index in the Eurozone was reportedly…

The Daily – April 1st, 2016

April 1st, 2016 Daily Market Commentary   ECONOMIC NEWS: The US participation rate was quoted at 63%. Nonfarm Payrolls in the US were quoted at 215K, above estimates. The US ISM Manufacturing Figure was quoted at 51.8, above estimates. The Reuters / Michigan Consumer Sentiment…

The Daily – March 29th, 2016

March 29th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Raw Material Price Index in Canada was down 2.6% in February. The Redbook Index, which measures same-store sales growth of US General Merchandising companies, was up 3.1% and 1.5% in month-over-month terms, respectively. Consumer Confidence…

The Daily – March 28th, 2016

March 28th, 2016 Daily Market Commentary   ECONOMIC NEWS: Personal Consumption Expenditure in the US was up by 0.1% and 1% in month-over-month and year-over-year terms, respectively. Personal income in the US was up 0.2% in month-over-month terms.   Commodities: Oil rose for the first time…

The Daily – March 23rd, 2016

March 23rd, 2016 Daily Market Commentary   ECONOMIC NEWS: The Markit Manufacturing PMI for the US was quoted at 51.4.   Commodities: Oil fell before U.S. government data forecast to show rising crude stockpiles kept supplies at the highest level in more than eight decades. Gold dropped…

The Daily – March 22nd, 2016

March 22nd, 2016 Daily Market Commentary   ECONOMIC NEWS: The Redbook index, which measures same-store sales growth of US General Merchandising companies, was reportedly up 2.9% and 0.8% in month-over-month and year-over-year terms, respectively. The US Housing Price Index was up 0.5% in month-over-month terms,…

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