Pre-opening Comments for Friday January 20th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. The Canadian Dollar was unchanged at US74.22 cents following released of Canada’s December Retail Sales at 8:30 AM EST. Consensus was a drop of 0.5% versus a gain of 1.4% in […]

Pre-opening Comments for Thursday January 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 29 points at 7:30 AM EST. Two economic reports are released this morning at 8:30 AM EST. December Housing Starts are expected to drop to 1.385 million units from 1.427 million units in November. January Philly […]

Pre-opening Comments for Wednesday January 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points in pre-opening trade. Index futures moved higher following release of economic news at 8:30 AM EST December Retail Sales were expected to drop 0.8% versus a decline of 0.6% in November. Actual was a […]

Pre-opening Comments for Tuesday January 17th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. The Canadian Dollar added 0.09 to US74.561 cents following release of Canada’s December Consumer Price Index at 8:30 AM EST. Consensus was a decrease of 0.5%. Actual was a decrease of […]

Pre-opening Comments for Monday January 16th U.S. equity markets are closed today for the Martin Luther King Jr. holiday. Trading volume in Canadian equity markets is expected to be significantly below average. International equity markets generally were higher. The DAX Index was up 44.76 to 15,132.17. The CAC Index gained 18.36 to 7,041.62. The Shanghai […]