Archives

By Commodity News Service Canada WINNIPEG, March 2 – The following is a glance at the news moving markets globally. – Real gross domestic product (GDP) rose 0.6 per cent in the fourth quarter, following a 0.9 per cent increase in the third quarter. Final domestic demand continued to decelerate with ongoing weakness in business […] Read more

By Commodity News Service Canada WINNIPEG, March 1 – The following is a glance at the news moving markets globally. – The Bank of Canada is likely to keep the country’s interest rate unchanged, analysts said on Wednesday. The announcement is set to be released at 9:00 a.m. CST. Market watchers say the bank’s statement […] Read more

By Commodity News Service Canada WINNIPEG, February 28 – The following is a glance at the news moving markets globally. – Canada’s Industrial Product Price Index (IPPI) rose 0.4 per cent in January, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index (RMPI) increased 1.7 per cent, led by […] Read more

By Commodity News Service Canada WINNIPEG, February 27 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, propped up by ideas that prices could advance further with an OPEC (Organization of the Petroleum Exporting Countries) production cut. However, strong US production kept […] Read more

By Commodity News Service Canada WINNIPEG, February 24 – The following is a glance at the news moving markets globally. – The Consumer Price Index (CPI) rose 2.1 per cent on a year-over-year basis in January, following a 1.5 per cent gain in December, Statistics Canada said in a report on Friday. Excluding gasoline, the […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were up on Thursday, as a drop in US stocks gave values a boost. OPEC is also still sticking to its plan to cut production, and […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Kraft Heinz dropped its bid to purchase rival Unilever, after Unilever said there was ‘no merit, either financial or strategic,’ in Kraft’s offer. If it had gone through, the […] Read more

By Commodity News Service Canada WINNIPEG, February 17 – The following is a glance at the news moving markets globally. – United Kingdom retail sales fell below analyst expectations for the second month in a row in January, according to reports out of the region on Friday, giving indication that the UK’s economic pace could […] Read more

By Commodity News Service Canada WINNIPEG, February 16 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending February 11 increased by 5,000 to a seasonally adjusted 239,000, according to reports out of the country on Thursday. That number is below analyst expectations and marks […] Read more

By Commodity News Service Canada WINNIPEG, February 15 – The following is a glance at the news moving markets globally. – US retail sales outpaced analyst expectations, according to reports out of the country on Wednesday. January’s sales advanced 0.4 per cent, while December’s sales were revised up to one per cent. – Canadian manufacturing […] Read more