Archives

By Commodity News Service Canada WINNIPEG, Dec. 15 (CNS Canada) – The following is a glance at the news moving markets globally. The US dollar index climbed to its highest levels in 14 years on Thursday, as yesterday’s move by the US Federal Reserve to raise interest rates sparked a rally in the currency. The […] Read more

By Commodity News Service Canada WINNIPEG, December 14 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Wednesday, pressured by increased US inventories, market watchers say. Ideas that OPEC (Organization of the Petroleum Exporting Countries) countries may have produced more oil than expected […] Read more

By Commodity News Service Canada WINNIPEG, December 13 – The following is a glance at the news moving markets globally. – Canada’s net foreign asset position increased by C$31.5 billion in the third quarter to C$115.3 billion, following two quarters of decline. Canada’s international assets have now exceeded international liabilities for eight straight quarters, Statistics […] Read more

By Commodity News Service Canada WINNIPEG, December 12 – The Canadian dollar gained ground against its US counterpart in early activity on Monday, tracking advances in crude oil. New York Mercantile crude oil futures were higher Monday morning, continuing to gather support from an OPEC (Organization of the Petroleum Exporting Countries) production output cap. At […] Read more

By Commodity News Service Canada WINNIPEG, December 12 – The following is a glance at the news moving markets globally. – Officials from the US Federal Reserve are meeting this week. Many analysts expect the Fed will be raising interest rates before president-elect Donald Trump is inaugurated, according to reports out of the country on […] Read more

By Commodity News Service Canada WINNIPEG, December 9 – The following is a glance at the news moving markets globally. – Canada produced 19.2 million cubic metres (121.0 million barrels) of crude oil and equivalent products in September, up 11.6 per cent compared with the same month in 2015, Statistics Canada said in a report […] Read more

By Commodity News Service Canada WINNIPEG, December 8 – The following is a glance at the news moving markets globally. – US jobless claims dropped from the five-month-high they were at, according to reports out of the country on Thursday. Jobless claims in the week ending December 3 declined 10,000 to a seasonally adjusted 258,000, […] Read more

By Commodity News Service Canada WINNIPEG, December 6 – The following is a glance at the news moving markets globally. – Canada’s imports fell 6.3 per cent to C$44.7 billion in October, following a record high in September related to an exceptionally large shipment destined for the Hebron offshore oil project. Import volumes decreased 6.2 […] Read more

By Commodity News Service Canada WINNIPEG, December 5 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, moving above US$50 a barrel. The market has been propped up in recent sessions by a deal inked by OPEC (Organization of the Petroleum Exporting […] Read more

By Commodity News Service Canada WINNIPEG, December 2 – The following is a glance at the news moving markets globally. – OPEC has scheduled a meeting with non-OPEC members to put the finishing touches on a deal to limit the global supply of crude oil. Earlier this week OPEC agreed to slash output by 1.2 […] Read more