The Daily Commentary

   

The Daily – May 25th, 2015

May 25th, 2015 Daily Market Commentary   ECONOMIC NEWS Commodities: Gold slipped, extending the biggest weekly loss since April, as prospects for the first U.S. interest rate increase since 2006 helped to push the dollar to a one-month high. Silver and palladium declined. Copper extended…

The Daily – May 22nd, 2015

May 22nd Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was reportedly down 0.1% and up 0.8% in month-over-month and year-over-year terms, respectively. Both figures were below estimates. The Consumer Price Index in the U.S. was reportedly down 0.2% in year-over-year…

The Daily – May 21st, 2015

May 21st, 2015 Daily Market Commentary   ECONOMIC NEWS Existing home sales in the U.S. were up 5.04M, below estimates of a 5.24M gain. The markit manufacturing PMI for the US was reported at 53.8, below estimates of 54.5. The Philadelphia Fed Manufacturing Survey was…

The Daily – May 20th, 2015

May 20th, 2015 Daily Market Commentary   ECONOMIC NEWS Wholesale sales in Canada were up 0.8%, below estimates of 0.9%. MBA mortgage applications in the U.S. were down 1.5%. Construction output in the Eurozone was reportedly up 0.8% and down 2.7% in month-over-month and year-over-year…

The Daily – May 19th, 2015

May 19th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of U.S. general merchandising companies, was reportedly down 0.2% and up 1.8% in month-over-month and year-over-year terms, respectively. Building permits in the U.S. were up 1.143M, above estimates….

The Daily – May 15th, 2015

May 15th, 2015 Daily Market Commentary   ECONOMIC NEWS Manufacturing shipments in Canada were reportedly up 2.9%, above estimates of 1.2% growth. Industrial production in April in the U.S. was down 0.3%, below estimates. The Reuters/Michigan Consumer Sentiment Index was reported at 88.6, below estimates…

The Daily – May 14th, 2015

May 14th, 2015 Daily Market Commentary   ECONOMIC NEWS Initial Jobless claims in the U.S. were 264K, below estimates of 275K. Continuing jobless claims in the U.S. were 2.229M, slightly below estimates as well. The Producer Price Index for the U.S. was down 0.4% and…

The Daily – May 13th, 2015

May 13th, 2015 Daily Market Commentary   ECONOMIC NEWS Retail sales in the U.S. were flat in April, in month-over-month terms, below estimates of 0.2% growth. Retail sales excluding Autos were up 0.1%, below estimates of 0.5% growth, over the same time period. The import…

The Daily – May 6th, 2015

May 12th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in U.S. general merchandising companies, was reportedly flat and up 2.1% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index for the U.S. was 96.9, slightly…

The Daily – May 6th, 2015

May 6th, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were down 4.6%. ADP Employment change figures were reported at 169K, below estimates of 200K. Unit labour costs in the U.S. were up 5% in the first quarter, above estimates…

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