Archives

By Commodity News Service Canada WINNIPEG, May 16 – The following is a glance at the news moving markets globally. INDIA’S WHOLESALE PRICES GAIN India’s wholesale prices gained in April, for the first time in 18 months, according to reports on Monday. India’s wholesale food prices gained 4.23 per cent in April, while the cost […] Read more

By Commodity News Service Canada WINNIPEG, May 13 – The following is a glance at the news moving markets globally. US RETAIL SALES GAIN MOST IN A YEAR US retail sales gained the most in a year in April, according to data out of the country. April’s sales were up 1.3 per cent, the highest […] Read more

By Commodity News Service Canada WINNIPEG, May 12 – The following is a glance at the news moving markets globally. BRAZIL PRESIDENT FACES CHARGES Brazil’s president, Dilma Rousseff, will face trial for alleged corruption and breaking budget rules, according to reports on Thursday. Rousseff is expected to release a statement later today. US JOBLESS CLAIMS […] Read more

By Commodity News Service Canada WINNIPEG, May 11 – The following is a glance at the news moving markets globally. INDIA’S DROUGHT EXPECTED TO HURT ECONOMY India’s drought is expected to take about a US$100 billion toll on the national economy, according to reports on Wednesday. Water shortages across ten states and loss of livestock […] Read more

By Commodity News Service Canada WINNIPEG, May 10 – The following is a glance at the news moving markets globally. CHINA’S CONSUMER INFLATION GAINS SLIGHTLY IN APRIL China’s consumer price index gained 2.3 per cent from year-ago levels in April, according to reports on Tuesday. Higher food prices, most notably pork, contributed to the gains, […] Read more

By Commodity News Service Canada WINNIPEG, May 9 – The following is a glance at the news moving markets globally. CHINA’S ECONOMY EXPECTED TO GROW 6.7 PER CENT China’s economy is expected to grow 6.7 percent in the second-quarter, due to gains in the infrastructure and property markets, according to estimates from within the country. […] Read more

By Commodity News Service Canada WINNIPEG, May 6 – The following is a glance at the news moving markets globally. US LABOUR FORCE AT SEVEN-MONTH-LOW The US economy saw the smallest growth since September 2015, adding 160,000 jobs in April, according to reports on Friday. That figure is below the first-quarter average job growth, market […] Read more

By Commodity News Service Canada WINNIPEG, May 5 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS UP US jobless claims for the week ended April 30 were up by 17,000 to a seasonally adjusted 274,000, according to reports on Thursday. That increase is the highest since February 2015, […] Read more

By Commodity News Service Canada WINNIPEG, May 4 – The following is a glance at the news moving markets globally. US TRADE DEFICIT FALLS IN MARCH The US trade gap dropped 13.9 per cent to US$40.4 billion in March, according to reports out of the country on Wednesday. That’s the lowest figure since February 2015, […] Read more

By Commodity News Service Canada WINNIPEG, May 3 – The following is a glance at the news moving markets globally. CRUDE LOSES MORE THAN ONE PER CENT IN EARLY ACTIVITY Crude oil futures fell about 1.3 per cent in early activity on Tuesday, ahead of data from the Energy Information Administration on Wednesday, which is […] Read more