Archives

By Commodity News Service Canada WINNIPEG, September 23 – The following is a glance at the news moving markets globally. SAUDI ARABIA WILL LIMIT CRUDE OUTPUT, IF IRAN DOES TOO: REPORTS Saudi Arabia will limit its crude output, if Iran caps production as well, market watchers said on Friday. Iranian officials have not yet accepted […] Read more

By Commodity News Service Canada WINNIPEG, MB, September 22, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS REACH TWO-MONTH-LOW US jobless claims fell to a two-month-low according to reports out of the country on Thursday. Jobless claims in the week ending September 17 fell 8,000 […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 21 (CNS Canada) – The following is a glance at the news moving markets globally and in Canada. US FEDERAL RESERVE TO ANNOUNCE RATE DECISION The US Federal Reserve is set to announce its latest interest rate decision later Wednesday, following two days of talks. The Fed is […] Read more

By Commodity News Service Canada WINNIPEG, September 20 – The following is a glance at the news moving markets globally. US HOUSING STARTS DROP IN AUGUST US housing starts fell 5.8 percent to a seasonally adjusted annual pace of 1.14 million units, according to reports on Tuesday. US FEDERAL RESERVE EXPECTED TO HOLD RATES STEADY […] Read more

By Commodity News Service Canada WINNIPEG, September 19 – The following is a glance at the news moving markets globally. OPEC, NON-OPEC COUNTRIES CLOSE TO REACHING DEAL Venezuela’s President, Nicolas Maduro, has said oil producing countries are close to reaching a deal which will stabilize output, according to reports on Monday. The deal will include […] Read more

By Commodity News Service Canada WINNIPEG, September 16 (CNS Canada) – The following is a glance at the news moving markets globally. US CONSUMER PRICES UP IN AUGUST The American Consumer Price Index increased by 0.2 per cent in August, according to the country’s labour department. Analysts say higher rent and healthcare costs contributed to […] Read more

By Commodity News Service Canada WINNIPEG, September 15 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS UP, BUT BELOW EXPECTATIONS US jobless claims in the week ending September 10 were up 1,000 to a seasonally adjusted 260,000, according to the country’s labour department. The increase was below analyst […] Read more

By Commodity News Service Canada WINNIPEG, September 14 – The following is a glance at the news moving markets globally. US IMPORT PRICES SEE FIRST DECLINE IN SIX MONTHS During August, US import prices dropped for the first time in half a year, according to reports out of the country on Wednesday. Import prices fell […] Read more

By Commodity News Service Canada WINNIPEG, MB, September 13, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. US FEDERAL RESERVE LIKELY TO HOLD INTEREST RATES STEADY US Federal Reserve officials say they would like to see stronger US economic trends before making significant changes to monetary policy, according […] Read more

By Commodity News Service Canada WINNIPEG, September 12 – The following is a glance at the news moving markets globally. OPEC EXPECTS SURPLUS, CALLS ATTENTION TO RATE HIKE Crude oil supplies are likely to be higher than previously thought in 2016 and 2017, OPEC (Organization of the Petroleum Exporting Countries) said in its monthly report, […] Read more