Archives

By Commodity News Service Canada WINNIPEG, April 18 – The following is a glance at the news moving markets globally. NO OIL PRODUCTION CHANGES Oil markets fell in early activity on Monday, as 18 oil producing nations were unable to agree on an output freeze in Qatar on Sunday. The producers had met to finalize […] Read more

By Commodity News Service Canada WINNIPEG, April 15 – The following is a glance at the news moving markets globally. US SAYS CHINA WILL REMOVE SOME SUBSIDIES China will be getting rid of subsidies on select commodities, according to reports out of Washington on Friday. Some of the items include textiles, metals, and agricultural goods. […] Read more

By Commodity News Service Canada WINNIPEG, April 14 – The following is a glance at the news moving markets globally. WORLD STOCKS HIT 2016 HIGH Global stock markets hit their highest levels in 2016 in early activity on Thursday, propped up by anticipated policymaker meetings this week. OPEC (Organization of the Petroleum Exporting Countries) and […] Read more

By Commodity News Service Canada WINNIPEG, April 13 – The following is a glance at the news moving markets globally. CHINESE EXPORTS GAIN, MARKETS UP China’s exports increased to their highest level in more than a year in March, according to reports on Wednesday. The news propped up many stock and commodity markets in early […] Read more

By Commodity News Service Canada WINNIPEG, April 12 – The following is a glance at the news moving markets globally. CHINA TO INTRODUCE NEW TAX On May 1, China will be integrating a value-added tax in place of a previous tax in the construction, real estate, financial and consumer services sectors. The country’s finance minister […] Read more

By Commodity News Service Canada WINNIPEG, April 11 – The following is a glance at the news moving markets globally. OECD RELEASES MONTHLY ECONOMIC INDICATORS The Organisation for Economic Cooperation and Development (OECD) said growth is easing in some major economies, according to reports on Monday. Economic indicators edged down from last month’s levels in […] Read more

By Commodity News Service Canada WINNIPEG, April 8 – The following is a glance at the news moving markets globally. LONG WAIT FOR INTEREST RATE HIKE COULD CAUSE FINANCIAL ISSUES If the US Federal Reserve waits too long to raise interest rates it could create financial instability and prime the country for a recession, Kansas […] Read more

By Commodity News Service Canada WINNIPEG, April 7 – The following is a glance at the news moving markets globally. IRAQ’S CRUDE EXPORTS UP Iraq’s oil exports will average 3.494 million barrels per day in April, according to reports out of the country. That’s up from March’s 3.286 million barrels per day. RUSSIAN ECONOMY TO […] Read more

By Commodity News Service Canada WINNIPEG, April 5 – The following is a glance at the news moving markets globally. CHINA’S SERVICE ACTIVITY UP, BUT JOBS DOWN China’s service sector gained in March, according to a survey in the country. But employment rates fell for the first time in 2.5 years, according to reports on […] Read more

By Commodity News Service Canada WINNIPEG, April 5 – The following is a glance at the news moving markets globally. IMF CHIEF SAYS GLOBAL ECONOMIES ARE LOSING MOMENTUM Christine Lagarde, the chief of the International Monetary Fund (IMF) said economies are losing momentum, and economic recovery has been too slow, according to reports on Tuesday. […] Read more