The Daily Commentary

   

The Daily – March 10th, 2015

March 10th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of U.S. general merchandisers, was reportedly up 1% and 2.6% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index was reported at 98, slightly below estimates….

The Daily – March 9th, 2015

March 6th, 2015 Daily Market Commentary   ECONOMIC NEWS Housing Starts in Canada were reported at 156.3K, below estimates of 179K. A Sentix survey of Investor Confidence in the U.S. was reported at 18.6, above estimates of 15. Commodities: Oil fell in London amid speculation…

The Daily – March 6th, 2015

March 6th, 2015 Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were reportedly down 12.9% in month-over-month terms, a much larger drop than the anticipated level of 4.3%. Imports and Exports in Canada were reported at $45.06B and $42.61B, respectively. Nonfarm payrolls in…

The Daily – March 5th, 2015

March 5th, 2015 Daily Market Commentary   ECONOMIC NEWS The Ivey Purchasing Manager’s Index for Canada was reported at 49.7 in seasonally-adjusted terms, slightly below estimates of 50. Initial Jobless Claims in the U.S. were reported at 320K, above estimates of 295K. Continuing Jobless Claims…

The Daily – March 3rd, 2015

March 3rd 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly up 0.1%. The ADP Employment figures in the U.S. were reportedly up 212K, below estimates of 220K. Commodities: Oil held above $50 a barrel as investors weighed Saudi…

The Daily – March 3rd, 2015

March 3rd 2015 Daily Market Commentary   ECONOMIC NEWS Annualized GDP in Canada for the fourth quarter was reportedly up 2.4%, above estimates of 2%. Month-over-month GDP growth in Canada was reportedly up 0.3%, above estimates of 0.2%. The Raw Material Price Index in Canada…

The Daily – March 2nd, 2015

March 2nd 2015 Daily Market Commentary   ECONOMIC NEWS The Current Account in Canada was reported at -$13.92B, below estimates of -$12.50B. Personal Income in the U.S. was reportedly up 0.3%, slightly below estimates. Personal consumption expenditure in the U.S. was reportedly down 0.5% and…

The Daily – February 27th, 2015

February 27th 2015 Daily Market Commentary   ECONOMIC NEWS A second look at Q4 GDP in the U.S. resulted in a reading of 2.2%, above estimates of 2.1%. The Gross Domestic Product Price Index in the U.S. was reportedly up 0.1% in the fourth quarter,…

The Daily – February 26th, 2015

February 26th 2015 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in Canada was reportedly down 0.2% and up 1% in month-over-month and year-over-year terms, respectively. Both figures were slightly above estimates. The Bank of Canada Consumer Price Index core was reportedly up…

The Daily – February 25th, 2015

February 25th 2015 Daily Market Commentary   ECONOMIC NEWS Mortgage Applications in the U.S. were reportedly down 3.5% in February. Mortgage Approvals in Great Britain were reportedly up 36.4K in January, slightly above estimates. The HSBC Manufacturing PMI in China was reported at 50.1, above…

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