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Global markets: US looking to take trade action

By Commodity News Service Canada WINNIPEG, April 25 – The following is a glance at the news moving markets globally. – US officials have said the country will be taking retaliatory action against Canada, moving to impose a 20 per cent tariff on softwood lumber, reports say. The tariff, if imposed, is expected to be […] Read more

Global markets: Crude futures notch slightly higher

By Commodity News Service Canada WINNIPEG, April 24 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, in recovery-based trade after last week’s losses. OPEC (Organization of the Petroleum Exporting Countries) members are discussing a production cut extension, which added to the […] Read more


Global markets: Canola, soybean, oat acres expected to be up in 2017

By Commodity News Service Canada WINNIPEG, April 21 – The following is a glance at the news moving markets globally. – Statistics Canada released its principal field crop area report on Friday. Canadian farmers expect to plant more canola, soybeans and oats in 2017, but fewer acres of durum wheat and lentils, crops that were […] Read more

Global markets: IMF revises global growth outlook higher

By Commodity News Service Canada WINNIPEG, April 19 – The following is a glance at the news moving markets globally. – The global economy is expected to grow at a faster pace in 2017, reports say. Estimates from the International Monetary Fund peg the global economy’s growth at 3.5 per cent this year, which is […] Read more


Global markets: US housing starts drop

By Commodity News Service Canada WINNIPEG, April 18, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – US housing starts dropped in April, the country’s commerce department said on Tuesday, notching the biggest decline in three years. US housing starts fell 6.8 per cent to a seasonally adjusted […] Read more

Global markets: Chinese economic growth highest in more than a year

By Commodity News Service Canada WINNIPEG, April 17 – The following is a glance at the news moving markets globally. – China’s economy grew at its fastest rate in more than a year in the first quarter, according to reports on Monday. From January to March 2017, the country’s economy advanced 6.9 per cent. Market […] Read more


Global markets: Canadian data comes in before holiday

By Commodity News Service Canada WINNIPEG, April 13 – The following is a glance at the news moving markets globally. – Statistics Canada released a bundle of domestic data on Thursday, ahead of the Good Friday holiday. The New Housing Price Index (NHPI) rose 0.4 per cent in February compared with the previous month. Ontario […] Read more

Global markets: WTO releases 2017 trade forecast

By Commodity News Service Canada WINNIPEG, April 12 – The following is a glance at the news moving markets globally. – Global trade is expected to advance 2.4 per cent in 2017, a recent projection from the World Trade Organization (WTO) said on Wednesday. The WTO’s report noted a high level of economic and policy […] Read more


Global markets: Crude futures ease off highs

By Commodity News Service Canada WINNIPEG, April 11 – The following is a glance at the news moving markets globally. – Crude oil futures dropped in early activity on Tuesday, pressured by increased shale oil production in the US, reports say. Crude oil prices had risen to a five-week-high in earlier sessions, underpinned by uncertainty […] Read more

Global markets: CDN economic info slated for release

By Commodity News Service Canada WINNIPEG, April 10 – The following is a glance at the news moving markets globally. – Market watchers are waiting for several key pieces of information this week. The Bank of Canada is set to release its latest monetary policy report and interest rate decision on Wednesday, which will sway […] Read more