The Daily Commentary

   

The Daily – November 4th, 2014

November 4th Daily Market Commentary   ECONOMIC NEWS International Merchandise Trade in Canada was reported at $0.71B, above estimates of -$0.10B. Imports and Exports in Canada were reported at $44.08B and $44.79B, respectively. Imports were below estimates, while exports were above. The trade balance in…

The Daily – November 3rd, 2014

November 3rd Daily Market Commentary   ECONOMIC NEWS The RBC Manufacturing PMI for Canada was reported at 55.3. The Markit Manufacturing PMI for the Eurozone was reported at 50.6, slightly below estimates of 50.7. Commodities: Gold fell near a four-year low set last week on…

The Daily – October 31st, 2014

October 31st Daily Market Commentary   ECONOMIC NEWS Personal Spending in the U.S. was reportedly down 0.2%, below estimates of a 0.1% rise. Personal Income in the U.S. was reportedly up 0.2%, in month-over-month terms, below estimates of 0.3%. The Personal Consumption Expenditure in the…

The Daily – October 29th, 2014

October 29th Daily Market Commentary   ECONOMIC NEWS Industrial Product Prices in Canada were reportedly down 0.4% in month-over-month terms, below estimates of a 0.1% drop. The Raw Material Price Index for Canada dropped 1.8% in September, also far below estimates of a 0.9% drop….

The Daily – October 27th, 2014

October 27th Daily Market Commentary   ECONOMIC NEWS The M3 Money Supply in the Eurozone was reportedly up 2.1% and 2.5% in 3-month and year-over-year terms, respectively. Private loans in the Eurozone were reportedly down 1.2% in year-over-year terms, slightly above estimates. Commodities: Brent crude…

The Daily – October 23rd, 2014

October 23rd Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the U.S. were reported at 283K, slightly above estimates of 282K. Continuing Jobless Claims in the U.S. were reported at 2.351M, slightly below estimates. The Housing Price index in the U.S. was reportedly…

The Daily – October 21st, 2014

October 21st Daily Market Commentary   ECONOMIC NEWS A 10-year bond auction in Great Britain resulted in yields of 2.15%. The all industry activity index in Japan was reportedly down 0.1% in month-over-month terms.  Commodities: Brent crude rose for the third time in four sessions…

The Daily – October 17th, 2014

October 17th Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was reportedly up 0.3% and 2% in month-over-month and year-over-year terms, respectively. Both were in line with estimates. The Bank of Canada Consumer Price Index Core was reportedly up 0.2% and…

The Daily – October 16th, 2014

October 16th Daily Market Commentary   ECONOMIC NEWS Canadian portfolio investment in foreign securities were reported at $0.03B in July. Foreign portfolio investment in Canadian securities was reported at $10.28B in July. Manufacturing Shipments in Canada were reportedly down 3.3% in August in month-over-month terms….

The Daily – October 10th, 2014

October 10th Daily Market Commentary   ECONOMIC NEWS The Unemployment rate in Canada was reported at 6.8%, below estimates of 7.0%. The participation rate in Canada was reportedly steady at 66%. The Net Change in Employment in Canada was reported at 74.1K. The Import Price…

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