Archives

By Commodity News Service Canada WINNIPEG, June 14 – The following is a glance at the news moving markets globally. CANADA’S NATIONAL NET WORTH DECLINES IN FIRST-QUARTER National net worth declined 1.5 per cent, or C$144.7 billion, to C$9,571 billion at the end of the first quarter. This was mainly due to a decrease in […] Read more

By Commodity News Service Canada WINNIPEG, June 13 – The following is a glance at the news moving markets globally. CANADA’S FOREIGN ASSET POSITION DOWN IN FIRST-QUARTER After six quarters of gains, Canada’s net foreign asset position decreased by C$220.2 billion in the first quarter to C$264.8 billion. This decline more than offset the C$201.7 […] Read more

By Commodity News Service Canada WINNIPEG, June 10 – The following is a glance at the news moving markets globally. CANADA’S LABOUR FORCE GAINS, JOBLESS RATE DROPS Canada’s employment moved up 0.1 per cent in May, adding 14,000 jobs, according to Statistics Canada data. With fewer people searching for work, the unemployment rate declined 0.2 […] Read more

By Commodity News Service Canada WINNIPEG, June 9 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS MOVE LOWER US jobless claims in the week ended June 4 dropped 4,000 to a seasonally adjusted 264,000, according to data from the country’s labour department. However, claims for the previous week […] Read more

By Commodity News Service Canada WINNIPEG, June 8 – The following is a glance at the news moving markets globally. ECONOMIC DOWNTURN IN US, CHINA MAY HAVE REACHED BOTTOM Economic downturns in the US and China may have reached their bottoms, according to data from the Organization for Economic Cooperation and Development (OECD). The OECD’s […] Read more

By Commodity News Service Canada WINNIPEG, June 7 – The following is a glance at the news moving markets globally. US PRODUCTIVITY CONTRACTS IN FIRST-QUARTER Productivity decreased 0.6 per cent in the nonfarm business sector in the first-quarter of 2016, the United States Department of Labor said in a report on Tuesday. But at the […] Read more

By Commodity News Service Canada WINNIPEG, June 6 – The following is a glance at the news moving markets globally. YELLEN EXPECTED TO TALK JOB DATA, INTEREST RATE CUTS US Federal Reserve president, Janet Yellen, will be speaking to the World Affairs Council of Philadelphia on Monday. Many analysts had expected an upcoming interest rate […] Read more

By Commodity News Service Canada WINNIPEG, June 3 – The following is a glance at the news moving markets globally. US ECONOMIC JOB GROWTH FALLS TO FIVE-YEAR-LOW The US economy created the lowest number of jobs in more than five years in May, according to reports out of the country on Friday. A strike from […] Read more

By Commodity News Service Canada WINNIPEG, June 2 – The following is a glance at the news moving markets globally. WORLD FOOD IMPORTS EXPECTED TO DROP ON THE YEAR This year’s global food import bill is expected to fall to a seven-year-low, according to reports on Thursday. The world’s imports have increased, market watchers say, […] Read more

By Commodity News Service Canada WINNIPEG, June 1 – The following is a glance at the news moving markets globally. UK MANUFACTURING EDGES UP Manufacturing in the United Kingdom was slightly higher in May, according to reports on Monday. The Markit/CIPS UK Manufacturing purchasing managers’ index edged up slightly to 50.1 in May, compared with […] Read more