Global markets: Airstrike buoys crude

By Commodity News Service Canada WINNIPEG, April 7 – The following is a glance at the news moving markets globally. – Crude oil futures advanced to a one month high after the US fired missiles at a Syrian airbase. The news brought on speculation that conflict could worsen in Syria, which is oil-rich. Syria does […] Read more


Global markets: US jobless claims fall

By Commodity News Service Canada WINNIPEG, April 6 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 1 fell 25,000 to a seasonally adjusted 234,000—the biggest drop in two years, the country’s labour department said. Claims have been below 300,000 for 109 consecutive […] Read more

Global markets: Crude values rise

By Commodity News Service Canada WINNIPEG, April 5 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Wednesday, moving near a one-month-high. The market was underpinned by data showing America’s crude inventories were lower-than-expected. The country’s crude supplies dropped 1.8 million barrels last […] Read more


Global markets: US trade gap falls

By Commodity News Service Canada WINNIPEG, April 4, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – The American trade deficit dropped more than anticipated in February, according to reports out of the country on Tuesday. The US trade gap fell 9.6 per cent to US$43.6 billion, the […] Read more

Global markets: Asian, European manufacturing up

By Commodity News Service Canada WINNIPEG, April 3, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Factories in Europe and Asia saw solid growth in March, according to a report on Monday. China’s manufacturing index advanced at its fastest pace in close to five years, analysts say, […] Read more


Global markets: Canadian GDP up in January

By Commodity News Service Canada WINNIPEG, March 31 – The following is a glance at the news moving markets globally. – Canada’s gross domestic product grew 0.6 per cent in January on the strength of widespread growth across both goods- and service-producing industries. With the exception of October, gross domestic product has risen every month […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar was stronger against its US counterpart in early activity on Thursday. The commodity-linked loonie was underpinned by advances in the crude oil market. Crude gained with reports of smaller inventories than expected and lower production in key areas. At 8:45 CDT Thursday, the […] Read more


Global markets: US jobless claims, economy advance

By Commodity News Service Canada WINNIPEG, March 30 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending March 25 dropped 3,000 to a seasonally adjusted 258,000, data from the country’s labour department said on Thursday. That marks 108 consecutive weeks in which claims have […] Read more

Global markets: Brexit talks underway

By Commodity News Service Canada WINNIPEG, March 29 – The following is a glance at the news moving markets globally. – British Prime Minister Theresa May launched Article 50, a step toward Brexit, according to reports on Wednesday. That indicates the start of two years of talks, ending with the UK leaving the EU by […] Read more