The Daily Commentary

   

The Daily – May 29th, 2015

May 29th, 2015 Daily Market Commentary   ECONOMIC NEWS Canadian annualized GDP was reportedly down 0.6% in quarter-over-quarter terms, below estimates. GDP in Canada fell 0.2% in month-over-month terms, also below estimates. Annualized GDP in the U.S. was -0.7%, slightly above estimates of -0.8%. CPI…

The Daily – May 28th, 2015

May 28th, 2015 Daily Market Commentary   ECONOMIC NEWS The Industrial Product Price Index in Canada was down 0.9%, below estimates of 0.1%. The Raw Material Price Index was up 3.8%, above estimates of 1.6%. Initial jobless claims in the U.S. were 282K, above estimates…

The Daily – May 27th, 2015

May 27th, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were down 1.6%. Consumer Confidence in Germany was reported at 10.2, slightly above estimates. Consumer Confidence in France was reported at 93, slightly below estimates. Commodities: Oil recovered from its…

The Daily – May 26th, 2015

May 26th, 2015 Daily Market Commentary   ECONOMIC NEWS Housing Prices in the U.S. were up 0.3% in month-over-month terms, below estimates. The Case-Shiller Home Price Indices were up 5% in year-over-year terms, above estimates. Durable Goods orders in the U.S. were down 0.5% and…

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…

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