The Daily

August 28th, 2015 Daily Market Commentary   ECONOMIC NEWS Personal spending in the U.S. was up 0.3%, slightly below estimates. Personal Income in the U.S. was up 0.4% in month-over-month terms, in line with estimates. The Personal Consumption expenditures in the U.S. were up 0.1% and 0.3% in month-over-month and year-over-year terms, respectively. The Consumer [...]

August 27th, 2015 Daily Market Commentary   ECONOMIC NEWS Annualized GDP in the U.S. was revised upwards to 3.7%, above estimates of a revision to 3.2% growth. The Initial Jobless claims figures were up 271K, below estimates of 274K. Pending Home Sales in the U.S. were up 0.5% and 7.2% in month-over-month and year-over-year terms, [...]

August 24th, 2015 Daily Market Commentary   ECONOMIC NEWS Retail Sales in Canada were up 0.6%, above estimates of 0.2%. The Consumer Price Index in Canada was up 1.3%, slightly below estimates. The Markit Manufacturing PMI was listed at 52.9, below estimates of 54. Consumer Confidence in the Eurozone was -6.8, slightly above estimates. Commodities: [...]

August 12th, 2015 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications in the U.S. were up 0.1%. Industrial Production in the Eurozone was down 0.4% and up 1.2%. Commodities: The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International [...]

August 11th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in U.S. general merchandising companies, was up 0.5% and 1.9% in month-over-month and year-over-year terms, respectively. Housing starts in Canada were up 193K, slightly below estimates. A ZEW Survey of Economic Sentiment was reported at 47.6,  above estimates. [...]

August 10th, 2015 Daily Market Commentary   ECONOMIC NEWS A Sentix Survey of Investor confidence was reported at 18.4, below estimates of 20.2. Consumer Confidence in Japan was 40.3, below estimates of 42.2. Commodities: Bullish Oil Bets Boosted Too Early as Price Slide Continues. Speculators increased bullish bets for the first time in seven weeks, [...]

August 6th, 2015 Daily Market Commentary   ECONOMIC NEWS Initial Jobless Claims in the U.S. were 270K, below estimates of 273K. Continuing jobless claims in the U.S. were 2.255M, slightly above estimates. A BoE Interest Rate Decision resulted in maintaining the key interest rate at 0.5%. Commodities: Copper inventories in China’s bonded warehouses fell in [...]

August 5th, 2015 Daily Market Commentary   ECONOMIC NEWS International Merchandise trade, or Exports minus Imports, for Canada was quoted at -$0.48B for June, a deficit which was less than expected. MBA Mortgage Applications in the U.S. were up 4.7%. The ADP Employment Change for the U.S. was 185K, below estimates of 215K. Retail Sales [...]

August 4th, 2015 Daily Market Commentary   ECONOMIC NEWS The Redbook Index, which measures same-store sales growth of U.S. general merchandising companies, was reportedly up 0.2% and 1.7% in month-over-month and year-over-year terms, respectively. The Producer Price Index for the Eurozone was down 0.1% and down 2.2% in month-over-month and year-over-year terms. The Spanish unemployment [...]

July 28th, 2015 Daily Market Commentary   ECONOMIC NEWS Industrial Product Prices in Canada were reportedly up 0.5%, above estimates. Raw Material prices in Canada were flat in June, below an expected 1% increase. The Redbook index, which measures same-store sales growth in U.S. general merchandising companies, was reportedly up 0.1% and 1% in month-over-month [...]