Archives

By Commodity News Service Canada WINNIPEG, MB, January 20, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. US SEES FEWER HOUSING STARTS IN DECEMBER US housing starts dropped by 2.5 per cent in December from the previous month, according to the country’s commerce department. US housing starts were […] Read more

By Commodity News Service Canada WINNIPEG, January 19 – The following is a glance at the news moving markets globally. CHINA’S ECONOMY GROWS AT SLOWEST PACE IN 25-YEARS China’s full-year growth in 2015 was 6.9 per cent, according to data from the country’s national statistics agency, the slowest level in 25 years. Last year’s figure […] Read more

By Commodity News Service Canada WINNIPEG, January 18 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES HAND BACK REBOUND GAINS Crude oil futures gained, but then dropped again in early activity on Monday as turbulence in the global economy pressured prices. European stocks saw a sharp sell-off and […] Read more

By Commodity News Service Canada WINNIPEG, January 15 The Canadian dollar weakened against its US counterpart on Friday, pressured by plummeting crude oil futures. At 8:45 a.m. CST the Canadian dollar was at US$0.6929 or C$1.4432 which compares with Thursday’s North American close of US$0.6963, or C$1.4362. New York Mercantile crude oil futures had lost […] Read more

By Commodity News Service Canada WINNIPEG, January 15 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES NOSE-DIVE IN EARLY ACTIVITY Crude oil futures plummeted in early activity on Friday, with New York Mercantile futures falling below US$30 a barrel, as market watchers expect Iran to add more crude […] Read more

By Commodity News Service Canada WINNIPEG, January 14 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS RISE More Americans filed jobless claims last week than the week before, according to data from the US Labor Department. Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted […] Read more

By Commodity News Service Canada WINNIPEG, January 13 – The following is a glance at the news moving markets globally. CHINA’S TRADE DATA BETTER-THAN-EXPECTED, SUPPORTS CRUDE FUTURES Despite analyst expectations for an eight per cent drop in China’s exports, according to data released out of the country, exports only dropped by 1.4 per cent in […] Read more

By Commodity News Service Canada WINNIPEG, January 12 – The following is a glance at the news moving markets globally. INDIA’S INDUSTRIAL OUTPUT SLOWS, INFLATION GROWS India got two doses of weak economic data on Tuesday, industrial output contracted by 3.2 per cent in November compared with a 9.8 per cent expansion in October, while […] Read more

By Commodity News Service Canada WINNIPEG, January 11 – The following is a glance at the news moving markets globally. CHINESE STOCKS START WEEK WITH SHARP LOSSES On Monday China’s stocks plummeted, instilling turbulence in other markets, after a weak start to the year. The Shanghai Composite closed 5.3 per cent weaker, while the Shenzhen […] Read more

By Commodity News Service Canada WINNIPEG, January 8 – The following is a glance at the news moving markets globally. US PAYROLLS MOVE HIGHER IN DECEMBER, PREVIOUS MONTHS REVISED UP Job growth in the US moved higher in December, increasing by 292,000 for non-farm employees, according to the country’s labour department. Payrolls in October and […] Read more