The Daily Commentary

   

The Daily – August 12th 2014

August 12th Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in the U.S. for general merchandisers, was reportedly up 1.1% and 4.8% in month-over-month and year-over-year terms, respectively. The NFIB Business Optimism Index in the U.S. was reported at…

The Daily – August 11th 2014

August 11th Daily Market Commentary   ECONOMIC NEWS Housing Starts in Canada were reportedly up 200K, above estimates of 193K. Consumer Confidence in Japan was reported at 41.5, slightly below estimates of 42.3. Commodities: Brent crude traded near its lowest level in nine months amid…

The Daily – August 8th 2014

August 8th Daily Market Commentary   ECONOMIC NEWS The participation rate in Canada in July was reported at 65.9%, below estimates of 66.1%. The unemployment rate in Canada was reported at 7%, below estimates of 7.1%. Nonfarm productivity in the U.S. for the second quarter…

The Daily – August 6th 2014

August 6th Daily Market Commentary   ECONOMIC NEWS Imports and Exports in Canada were reported at $43.34B and $45.20B, respectively. MBA Mortgage Applications in the U.S. were reportedly up 1.6%. Trade Balance in the U.S. was reported at -$41.54B for the month of June.  Commodities:…

The Daily – August 5th 2014

August 5th Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in general merchandisers in the U.S., was reportedly down 0.4% and up 4.6% in month-over-month and year-over-year terms, respectively. The Markit Services PMI in the U.S. was reported at…

The Daily – July 31st 2014

July 31st Daily Market Commentary   ECONOMIC NEWS  Canadian GDP was reportedly up 0.4% in the month of May, above estimates of 0.3% growth. Initial Jobless claims in the U.S. were reported at 302K, slightly above estimates of 301K. Continuing jobless claims were reported at…

The Daily – July 30th 2014

July 30th Daily Market Commentary   ECONOMIC NEWS U.S. Q2 GDP was reported at 2%, above estimates of 1.8%. Annualized GDP for the second quarter in the U.S. was reported at 4%, above estimates of 3%. Personal Consumption Expenditures in Q2 in the U.S. were…

The Daily – July 29th 2014

July 29th Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in general merchandisers in the U.S., was reportedly down 0.6% and up 3% in month-over-month and year-over-year terms, respectively. The M4 Money Supply in Great Britain was reportedly up…

The Daily – July 28th 2014

July 28th Daily Market Commentary   ECONOMIC NEWS Business Confidence in Italy was reported at 99.7, slightly below estimates of 99.9. Commodities: West Texas Intermediate crude dropped for the fourth time in five days as economic data may signal slowing growth in the U.S., the…

The Daily – July 25th 2014

July 25th Daily Market Commentary   ECONOMIC NEWS Durable Goods Orders in the U.S. were reportedly up 0.7% in June, above estimates of 0.5%. The M3 Money Supply in the Eurozone was reportedly up 1.1% and 1.5% in month-over-month and year-over-year terms, respectively. Private Loans…

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