Archives

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

By Commodity News Service Canada WINNIPEG, May 31 – The following is a glance at the news moving markets globally. US CONSUMER SPENDING SEES BOOST US consumer spending gained one per cent in April, which is the biggest gain in six years, according to reports out of the country on Tuesday. EU JOBLESS RATE AT […] Read more

By Commodity News Service Canada WINNIPEG, May 27 – The following is a glance at the news moving markets globally. US FIRST-QUARTER GDP REVISED UPWARD The US economy gained more than previously thought in the first-quarter, according to reports out of the country on Friday. US gross domestic product was revised upward from 0.5 per […] Read more

By Commodity News Service Canada WINNIPEG, May 26 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN ON THE WEEK US jobless claims in the week ended May 10 were down 10,000 to sit at a seasonally adjusted 268,000, data from the country’s labour department says. The reduction […] Read more

By Commodity News Service Canada WINNIPEG, May 24 – The following is a glance at the news moving markets globally. FED OFFICIAL SAYS ECONOMY COULD SUPPORT RATE HIKE John Williams, president of the Federal Reserve Bank of San Francisco, said the US economy could withstand an interest rate hike, according to reports on Tuesday. Williams […] Read more

By Commodity News Service Canada WINNIPEG, May 20 – The following is a glance at the news moving markets globally. CANADA’S CONSUMER PRICE INDEX GAINS Canada’s Consumer Price Index rose 1.7 per cent in April, compared with a year ago, Statistics Canada said in a report on Friday. According to StatsCan, excluding gasoline, the CPI […] Read more

By Commodity News Service Canada WINNIPEG, May 19 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN WEEK-ON-WEEK Initial US jobless claims for state unemployment benefits in the week ended May 14 dropped 16,000 to a seasonally adjusted 278,000, according to data from the country’s labour department. The […] Read more

By Commodity News Service Canada WINNIPEG, May 18 – The following is a glance at the news moving markets globally. FINANCES IN UK HOUSEHOLDS WEAKEN AT FASTEST PACE IN TWO YEARS Britain’s household finances weakened at their fastest level in two years, according to data from the region on Wednesday. The country’s household finance index […] Read more

By Commodity News Service Canada WINNIPEG, May 17 – The following is a glance at the news moving markets globally. RUSSIAN CRUDE EXPORTS UP, BUT PROFITS DOWN Russia’s crude oil export revenue dropped 38 per cent from January to March, compared with the same time frame a year prior, according to reports on Tuesday. But […] Read more