Archives

By Commodity News Service Canada WINNIPEG, July 14 – The following is a glance at the news moving markets globally. CANADA’S RETAIL SALES UP FROM YEAR-AGO LEVELS Retail sales totalled C$113.6 billion in the first quarter, up 5.4 per cent from the same quarter of 2015. Higher sales were reported in nine of the 10 […] Read more

By Commodity News Service Canada WINNIPEG, July 14 – The following is a glance at the news moving markets globally. BANK OF ENGLAND HOLDS INTEREST RATES STEADY The Bank of England left interest rates unchanged on Thursday, surprising many market watchers, who had expected a cut in light of economic turbulence from Britain’s decision to […] Read more

By Commodity News Service Canada WINNIPEG, July 13 (CNS Canada) The Canadian dollar weakened slightly against its US counterpart Wednesday morning after investors pushed the S&P 500 and the Dow to record highs, weighing on the loonie. Easing political tension in Japan and Britain continue to reduce uncertainty in global markets. Investors are also increasingly […] Read more

By Commodity News Service Canada WINNIPEG, July 13 – The following is a glance at the news moving markets globally. JAPAN EXPECTS WEAKER CONSUMER PRICES The Japanese government lowered its expectations for consumer prices in the current fiscal year, according to reports on Wednesday. Japan’s consumer prices are expected to reach 0.4 per cent, which […] Read more

By Commodity News Service Canada WINNIPEG, July 12 – The following is a glance at the news moving markets globally. OPEC RELEASES MONTHLY REPORT, OUTLINES SUPPLY AND DEMAND OPEC (Organization of the Petroleum Exporting Countries) released its monthly report on Tuesday. The organization expects crude oil supplies to tighten into 2017, as increased demand chips […] Read more

By Commodity News Service Canada WINNIPEG, July 11 – The following is a glance at the news moving markets globally. CHINA’S ECONOMY LIKELY TO FALL SHORT IN SECOND QUARTER Weakness in the industrial sector and minimal support from the financial sector are likely to cause sluggish growth in China’s economy, according to reports on Monday. […] Read more

By Commodity News Service Canada WINNIPEG, July 8 (CNS Canada) – The following is a glance at the news moving markets globally. CANADA LOSES 700 JOBS WHEN GAINS EXPECTED Canada lost a net 700 jobs in June, according to Statistics Canada. Expectations were for a gain of 5,000 jobs, according to analysts. However, the national […] Read more

By Commodity News Service Canada WINNIPEG, July 7 – The following is a glance at the news moving markets globally. BUILDING PERMITS WANE Building permits issued by Canadian municipalities fell 1.9 per cent in May. According to the Federal government, the permits were worth C$6.8 billion. The value of non-residential permits dropped 3.3 per cent […] Read more

By Commodity News Service Canada WINNIPEG, July 6 – The following is a glance at the news moving markets globally. CANADIAN EXPORTS DROP IN MAY Canada’s exports fell 0.7 per cent to C$41.1 billion in May. Export volumes declined 2.3 per cent and prices were up 1.6 per cent. Imports decreased 0.8 per cent to […] Read more

By Commodity News Service Canada WINNIPEG, July 5 – The following is a glance at the news moving markets globally. CHINA’S 2015 GDP REVISED HIGHER The value of China’s 2015 gross domestic product has been revised upward by 1.3 per cent, according to reports on Tuesday. Increased research and development spending was factored into the […] Read more