The Daily

June 29th, 2015 Daily Market Commentary   ECONOMIC NEWS The Raw Material Price Index in Canada was reportedly up 4.4%, above estimates of 4%. Industrial Product Prices in Canada were up 0.5% in month-over-month terms, in line with estimates. An Economic Sentiment Indicator for the Eurozone was reported at 103.5, slightly below estimates. The Harmonised [...]

June 26th, 2015 Daily Market Commentary   ECONOMIC NEWS Private Loans in the Eurozone were up 0.5% in year-over-year terms, above estimates. Consumer Confidence in Italy was reported at 109.5, above estimates. Consumer Confidence in France was reported at 94, also above estimates. Commodities: Oil held losses below $60 a barrel as near-record U.S. production [...]

June 25th, 2015 Daily Market Commentary   ECONOMIC NEWS The EIA Natural Gas storage change was reported at 75B barrels, slightly below estimates. Continuing jobless claims were reported at 2.247M, slightly above estimates. Personal income in the U.S. rose 0.5% in month-over-month terms, in line with estimates. The Markit Services PMI for the U.S. was [...]

June 24th, 2015 Daily Market Commentary   ECONOMIC NEWS The GDP index for Q1 in the U.S. was -0.1%, or -0.2% annualized. MBA Mortgage Applications in the U.S. were reportedly up 1.6%. BBA Mortgage Approvals in the U.K. were 42.5K, slightly below estimates. Commodities: Oil extended gains after advancing the most in two weeks as [...]

June 18th, 2015 Daily Market Commentary   ECONOMIC NEWS The Consumer Price Index in the U.S. was reportedly up 0.4% and 0.0% in month-over-month and year-over-year terms, respectively. The Consumer Price Index Core was up 0.1% and 1.7% in month-over-month and year-over-year terms. Initial jobless claims in the U.S. were 267K, below estimates of 275K. [...]

June 17th, 2015 Daily Market Commentary   ECONOMIC NEWS Wholesale sales in Canada, were up 1.9% in month-over-month terms, above estimates. MBA Mortgage Applications in the U.S. were down 5.5%. Construction output in the Eurozone was up 0.3% and flat in month-over-month and year-over-year terms, respectively. Commodities: Oil advanced for a second day as a [...]

June 15th, 2015 Daily Market Commentary   ECONOMIC NEWS Foreign portfolio investment in Canadian securities was reported at $12.94B. Canadian portfolio investment in foreign securities was reported at $6.56B. Building permits in the U.S. were reportedly up 1.275M, above estimates of 1.093M. Housing Starts in the U.S. were reportedly up 1.036M, below estimates of 1.1M. [...]

June 15th, 2015 Daily Market Commentary   ECONOMIC NEWS Industrial Production in the U.S. was down 0.2% in month-over-month terms, below estimates. The NY Empire State Manufacturing Index was reported at -1.98 in June, below estimates of 5.2. Capacity utilization in the U.S. was quoted at 78.1%. Canadian Manufacturing Shipments were down 2.1% in month-over-month [...]

June 12th, 2015 Daily Market Commentary   ECONOMIC NEWS The Producer Price Index in the U.S. was up 0.5% and down 1.1% in month-over-month and year-over-year terms, respectively. Industrial Production in the Eurozone was up 0.1% and 0.8% in month-over-month and year-over-year terms, respectively. Both figures were below estimates. The Consumer Price Index in Spain [...]

June 11th, 2015 Daily Market Commentary   ECONOMIC NEWS The New Housing Price Index in Canada was up 0.1% and up 1.1% in month-over-month and year-over-year terms.  Retail sales, including and excluding autos, both beat estimates in the U.S., up 1.3% and 1.2% in month-over-month terms, respectively. Continuing jobless claims in the U.S. were 2.265M, [...]