Archives

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

By Commodity News Service Canada WINNIPEG, September 9 – The following is a glance at the news moving markets globally. IRANIAN OIL PRODUCTION UP BUT STEADY IN AUGUST Iran reportedly produced 3.63 million barrels of oil per day in August, according to media reports out of the country. That number is a 10,000 barrel per […] Read more

By Commodity News Service Canada WINNIPEG, September 8 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DECLINE US jobless claims in the week ending September 3 dropped 4,000 to a seasonally adjusted 259,000, according to reports out of the country. That level is the lowest since July, and […] Read more

By Commodity News Service Canada WINNIPEG, September 7 – The following is a glance at the news moving markets globally. GERMAN OUTPUT FALLS TO A TWO-YEAR-LOW German output industrial production dropped the most in 23 months in July, according to reports on Wednesday. Slower global export markets contributed to the declines, analysts say. INDIA’S EXPORTS […] Read more

By Commodity News Service Canada WINNIPEG, September 6 – The following is a glance at the news moving markets globally. G20 ENDS WITH GROWTH OUTLOOK, CRITICS SAY SUBSTANCE LACKING G20 leaders met in Hangzhou, China on September 4 and 5, and ended with officials saying they will foster international economic cooperation, and strong, inclusive growth, […] Read more

By Commodity News Service Canada WINNIPEG, September 2 – The following is a glance at the news moving markets globally. G20 TALKS START IN CHINA China will be hosting G20 for the first time this weekend, and world leaders are expected to meet to discuss foreign affairs. Canadian Prime Minister Justin Trudeau, US President Barack […] Read more

By Commodity News Service Canada WINNIPEG, September 1 – The following is a glance at the news moving markets globally. US LABOUR COSTS RISE American labour costs gained at a 4.3 per cent annual rate in the second-quarter, reports say. CANADIAN EXPENDITURE IN OIL, GAS INDUSTRIES DOWN IN Q2 Capital expenditures for the oil and […] Read more

By Commodity News Service Canada WINNIPEG, MB, August 31, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. CANADIAN GDP DECLINES IN Q2 Real gross domestic product (GDP) decreased 0.4 per cent in the second quarter, after increasing 0.6 per cent in the first quarter. This was the largest […] Read more

By Commodity News Service Canada WINNIPEG, August 30 – The following is a glance at the news moving markets globally. CANADIAN CURRENT ACCOUNT DEFICIT GROWS IN Q2 Canada’s current account deficit (on a seasonally adjusted basis) increased C$3.3 billion in the second quarter to C$19.9 billion, as the trade in goods deficit continued to widen, […] Read more

By Commodity News Service Canada WINNIPEG, August 29 – The following is a glance at the news moving markets globally. GERMANY EXPECTED TO SLOW EXPORTS German export activity is expected to slow throughout 2016, according to reports on Monday. The country’s trade association lowered its 2016 export forecast to between 1.8 and two per cent, […] Read more