Archives

By Commodity News Service Canada WINNIPEG, February 3 – The following is a glance at the news moving markets globally. US PRIVATE SECTOR ADDS MORE JOBS IN JANUARY Private employers in the US added 205,000 jobs in January, according to reports out of the country. The gain was above analyst expectations, but behind December’s upwardly […] Read more

By Commodity News Service Canada WINNIPEG, February 2 The Canadian dollar weakened against its US counterpart on Tuesday, as crude oil futures continued to fall. At 8:35 a.m. CST the Canadian dollar was at US$0.7121 or C$1.4043 which compares with Monday’s North American close of US$0.7179, or C$1.3930. New York Mercantile crude oil futures had […] Read more

By Commodity News Service Canada WINNIPEG, February 2 (CNS Canada) – The following is a glance at the news moving markets globally. UKRAINE’S GDP DECLINES Ukraine’s economy declined by 10.4 per cent in 2015, according to reports out of the country. Military conflict in the eastern part of the country was considered a large source […] Read more

By Commodity News Service Canada WINNIPEG, February 1 (CNS Canada) – The following is a glance at the news moving markets globally. UK SEES BOOST IN MANUFACTURING, BUT SLOWER EXPORTS Manufacturing in the UK increased in January, according to Markit Purchasing Managers’ Index, a series which tracks business indications. The index moved up from 52.1 […] Read more

By Commodity News Service Canada WINNIPEG, January 29 – The following is a glance at the news moving markets globally. US ECONOMY SLOWS IN FOURTH-QUARTER The US economy slowed in the fourth-quarter, the country’s Commerce Department said on Friday. Gross domestic product increased at a 0.7 per cent annual rate, compared with two per cent […] Read more

By Commodity News Service Canada WINNIPEG, MB, January 28, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. FED HOLDS INTEREST RATES STEADY The US Federal Reserve announced it will be keeping interest rates steady on Wednesday, but indicated it was still set to change monetary policy in 2016. […] Read more

By Commodity News Service Canada WINNIPEG, January 26 – The following is a glance at the news moving markets globally. COMMODITY-RELATED STOCKS PRESSURED BY CHINA-CONCERNS Weaker crude oil prices, and a fresh drop off in Chinese stocks pressured many commodity markets on Tuesday morning, analysts say. Crude oil futures lost ground in early activity on […] Read more

By Commodity News Service Canada WINNIPEG, January 25 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES HAND BACK GAINS AS IRAQ ANNOUCES PRODUCTION Crude oil futures dropped three per cent in early activity on Monday, pressured by record-high production from Iraq. Iraq’s December oil production reached more than […] Read more

By Commodity News Service Canada WINNIPEG, January 22 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES CLIMB HIGHER Crude oil futures gained more than four per cent in early activity on Friday, as attacks on Libyan oil terminals reintroduced the idea that supplies in the Middle East could […] Read more

By Commodity News Service Canada WINNIPEG, January 21, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES MOVE NEAR 13-YEAR-LOW Crude oil futures moved near levels not seen since 2003 in early activity on Thursday, as high global supplies pressured the market. Market watchers expect producers […] Read more