Global Markets: Canada’s trade deficit widens

By Commodity News Service Canada WINNIPEG, August 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s trade deficit widened in the month of June, compared to the month previous. Exports declined due to fewer shipments of metals and energy. In June, exports declined by […] Read more

Global Markets: Canada mulls Venezuela sanctions

By Commodity News Service Canada WINNIPEG, Aug. 3 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Liberal government says it cannot apply punitive sanctions on Venezuela President Nicolas Madura’s administration for human rights abuses because it lacks the legal authority. The United States froze […] Read more



Global Markets: Housing crunch seen on the horizon

By Commodity News Service Canada August 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada, and two private banks predict a decline in the housing industry’s contribution to economic growth, says Reuters. The Bank of Canada predicts the housing sector’s contribution […] Read more


Global Markets: Libor rate could get axed

By Commodity News Service Canada WINNIPEG, July 31 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s raw materials price index softened in June due to a decline in energy. According to Statistics Canada, the index decreased last month by 1%. The index measures the […] Read more



Global Markets: Samsung to unseat rival Apple

By Commodity News Service Canada July 27 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Samsung is expected to report earnings of US$54.8 billion in revenue and US$12.6 billion in profit for the second quarter, ending June 30. It would set the world’s No. 1 […] Read more



Global Markets: OPEC meets in Russia

By Commodity News Service Canada WINNIPEG, July 24, CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – OPEC and other large oil producing non-OPEC members met in St. Petersburg, Russia today to discuss cuts to production. Saudi Arabia promised to cap oil exports at 6.6 million […] Read more

Global Markets: Crude oil under pressure

By Commodity News Service Canada WINNIPEG, July 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Rogers Communications is reporting a significant gain. The company added 93,000 new wireless contracts in the second-quarter, which surpassed expectations. The company also recorded a 35 per cent increase […] Read more