Archives

By Commodity News Service Canada WINNIPEG, December 11 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES TOUCH SEVEN-YEAR LOW ON FRIDAY Brent crude oil futures fell below US$39 Friday morning, the lowest level seen since 2008. The depreciation came as the International Energy Association said it expects the […] Read more

By Commodity News Service Canada WINNIPEG, December 10 – The following is a glance at the news moving markets globally. RUSSIA’S ECONOMY SHRANK IN THIRD-QUARTER Russia’s economy contracted 4.1 per cent in the third-quarter according to reports out of the country. But Russia’s prime minister has said economic measures from the government to stop a […] Read more

By Commodity News Service Canada WINNIPEG, December 9 – The following is a glance at the news moving markets globally. CHINA’S INFLATION MOVED HIGHER IN NOVEMBER China’s inflation grew in November, according to data out of the country, but still lagged behind government expectations. China’s November consumer price index rose 1.5 per cent on-year from […] Read more

By Commodity News Service Canada WINNIPEG, December 8 – The following is a glance at the news moving markets globally. CHINA’S IMPORTS MOSTLY LOWER, EXCEPT CRUDE OIL China’s imports and exports dragged once again in November, according to data from the country, excluding crude oil. Imports declined 8.7 per cent, while exports were 6.8 per […] Read more

By Commodity News Service Canada WINNIPEG, December 7 – The following is a glance at the news moving markets globally. ECONOMISTS REVISE OUTLOOK FOR BRAZIL’S RECESSION Analysts now anticipate a worse recession in Brazil than previously thought after reviewing the country’s third-quarter GDP. Many analysts expect Brazil’s GDP to fall by 2.31 per cent in […] Read more

By Commodity News Service Canada WINNIPEG, December 4 – The following is a glance at the news moving markets globally. CANADA’S LABOUR FORCE SHRANK IN NOVEMBER Canada’s employment decreased by 36,000 or 0.2 per cent in November, the result of losses in part-time work. The overall employment decline in November followed a similar-sized increase in […] Read more

By Commodity News Service Canada WINNIPEG, December 3 – The following is a glance at the news moving markets globally. GREEK WORKERS PROTEST ECONOMIC CHANGES For the second time in three weeks, Greek workers are walking off the job to protest economic overhauls required by international creditors, according to reports out of the country. About […] Read more

By Commodity News Service Canada WINNIPEG, December 2 – The following is a glance at the news moving markets globally. CANADA’S HOUSING SECTOR COULD DRAG ON ECONOMY An oversupply of homes combined with high household debt will likely weigh on Canada’s economic growth, according to a recent poll. In previous years Canada’s housing sector has […] Read more

By Commodity News Service Canada WINNIPEG, December 1 – The following is a glance at the news moving markets globally. BRAZIL’S RECESSION DEEPENS, ECONOMY SHRINKS AGAIN Data showing Brazil’s recession had deepened emerged on Tuesday. The economy shrank by 1.7 per cent in the third quarter, according to a statistics agency within the country. Brazil’s […] Read more

By Commodity News Service Canada WINNIPEG, November 30 – The following is a glance at the news moving markets globally. SWEDEN’S ECONOMIC GROWTH DOUBLES ANALYST EXPECTATIONS Sweden’s economy grew twice as fast as analysts had previously anticipated. The gain was attributed to stronger exports and higher consumer spending. Sweden’s economy grew by 0.8 per cent […] Read more