The Daily Commentary

   

The Daily – September 9th, 2014

September 9th Daily Market Commentary   ECONOMIC NEWS Housing starts in Canada were reportedly up 192.4K in August, in year-over-year terms, coming in slightly below estimates. The NFIB Business Optimism Index for the U.S. was reported at 96.1, above estimates of 95.9. Industrial Production in…

The Daily – September 8th, 2014

September 8th Daily Market Commentary   ECONOMIC NEWS Building Permits in Canada were reportedly up 11.8% in month-over-month terms in July, far above estimates of -10%. A Sentix Investor Confidence survey was reported at -9.8, below estimates of 2.0. Commodities: Brent crude fell below $100…

The Daily – September 5th, 2014

September 5th Daily Market Commentary   ECONOMIC NEWS The Unemployment Rate in Canada was reported at 7%, in line with estimates. The August Net Change in Employment in Canada was registered at -11K. The August participation rate in Canada was reported at 66%, slightly below…

The Daily – September 3rd, 2014

September 3rd Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were reportedly up 0.2%. The Redbook Index, which measures same-store sales growth in the U.S., was reportedly up 0.7% and 4.9% in month-over-month and year-over-year terms, respectively. Retail Sales in the…

The Daily – August 21st 2014

August 21st Daily Market Commentary   ECONOMIC NEWS Initial Jobless claims in the U.S. were reported at 298K, below estimates of 300K. Continuing Jobless Claims in the U.S. were reported at 2.5M, below estimates of 2.518M. Markit Manufacturing PMI in the U.S. was reported at…

The Daily – August 20th 2014

August 20th Daily Market Commentary   ECONOMIC NEWS Wholesale Sales in Canada were reportedly up 0.6% in month-over-month terms, below estimates of 1.3%. MBA Mortgage Applications in the U.S. were reportedly up 1.4%. 2 Bank of England officials, out of 9, voted to hike interest…

The Daily – August 19th 2014

August 19th Daily Market Commentary   ECONOMIC NEWS Building Permits in the U.S. were reportedly up 1.052M in month-over-month terms, above estimates of 1M. The Consumer Price Index in the U.S. was reportedly up 0.1% and 2% in month-over-month and year-over-year terms, respectively. Both were…

The Daily – August 18th 2014

August 18th Daily Market Commentary   ECONOMIC NEWS Canadian portfolio investment in foreign securities in June was reported at $1.96B. Foreign portfolio investment in Canadian securities in June was reportedly down $1.07B. The trade balance in the Eurozone was reported at $16.8B euros, above estimates…

The Daily – August 14th 2014

August 14th Daily Market Commentary   ECONOMIC NEWS The New Housing Price Index in Canada was reportedly up 0.2% and 1.5% in month-over-month and year-over-year terms, respectively. Initial Jobless Claims in the U.S. were reported at 311K. Continuing Jobless Claims in the U.S. were reported…

The Daily – August 13th 2014

August 13th Daily Market Commentary   ECONOMIC NEWS Retail Sales in the U.S. were reportedly flat in month-over-month terms, slightly below estimates. Retail sales excluding autos were reportedly up 0.1%, also below estimates. MBA Mortgage Applications as of August 8th were reportedly down 2.7% in…

Twitter IconVisit Our LinkedIn Page