The Daily Commentary

   

The Daily – March 11th, 2016

March 11th, 2016 Daily Market Commentary   ECONOMIC NEWS: Canadian Unemployment ticked up to 7.3%, slightly above estimates of 7.2%. The Net Change in Employment in Canada was a loss of 2.3K jobs, despite an expected gain of 9K. The US Import and Export Price…

The Daily – March 9th, 2016

March 9th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Bank of Canada kept their key interest rate stable at 0.5%. Wholesale inventories in the US were up 0.3%, worse than estimates. Industrial Production in the UK was up 0.3% and 0.2% in month-over-month and…

The Daily – March 8th, 2016

March 8th, 2016 Daily Market Commentary   ECONOMIC NEWS: Housing starts in Canada were up 216K, above estimates, while building permits dropped 10%, far worse than estimates. The Redbook Index, which measures, same-store sales growth of US General Merchandising companies, was up 2.9% and 0.7%…

The Daily – March 7th, 2016

March 7th, 2016 Daily Market Commentary   ECONOMIC NEWS: The Sentix Investor Confidence survey of the Eurozone was quoted at 5.5, below estimates. The Leading Economic Index in Japan was quoted at 101.4, slightly below estimates.   Commodities: Oil advanced from its highest closing level in…

The Daily – March 4th, 2016

March 4th, 2016 Daily Market Commentary   ECONOMIC NEWS: International Merchandise Trade in Canada was lower than expected at -$0.66B. The US Unemployment rate was steady at 4.9%. Average hourly earnings in the US were down 0.1% and up 2.2% in month-over-month and year-over-year terms,…

The Daily – March 2nd, 2016

March 2nd, 2016 Daily Market Commentary   ECONOMIC NEWS: MBA Mortgage Applications in the US were down 4.8%. The Producer Price Index in the Eurozone was down 1% and up 2.9% in month-over-month and year-over-year terms, respectively.   Commodities: Oil declined from the highest closing level…

The Daily – March 1st, 2016

March 1st, 2016 Daily Market Commentary   ECONOMIC NEWS: The Redbook index, which measures same-store sales growth in US general merchandising companies, was down 2.4% and up 0.6% in month-over-month and year-over-year terms, respectively. The Markit Manufacturing PMI in the US was reported at 51.3,…

The Daily – February 29th, 2016

February 29th, 2016 Daily Market Commentary   ECONOMIC NEWS: Industrial Product Prices in Canada were up 0.5% in month-over-month terms. The Consumer Price Index in the Eurozone was down 0.2% in year-over-year terms, slightly below estimates of flat growth. The Consumer Price Index core for…

The Daily – February 26th, 2016

February 26th, 2016 Daily Market Commentary   ECONOMIC NEWS: Annualized GDP in the US in the fourth quarter was reported at 1%, above estimates of 0.4%. Personal Spending in the US in January was up 0.5%, above estimates. Personal Income in the US was also…

The Daily – February 24th, 2016

February 24th, 2016 Daily Market Commentary   ECONOMIC NEWS: MBA Mortgage Applications were down 4.3% in the US. Consumer Confidence in France was listed at 95, slightly below estimates.   Commodities: Oil extended declines after oil ministers from Iran and Saudi Arabia signaled they’re unwilling to…

Twitter IconVisit Our LinkedIn Page