Archives

By Commodity News Service Canada WINNIPEG, December 18 – The following is a glance at the news moving markets globally. OIL FUTURES EXPECTED TO SEE THIRD WEEK OF DECLINES Crude oil futures were stronger in early activity on Friday, but investors expected oil futures to decline on the week—for the third week in a row. […] Read more

By Commodity News Service Canada WINNIPEG, December 17 – The following is a glance at the news moving markets globally. US FED INTRODUCES RAISE HIKE The US Federal Reserve has introduced an interest rate increase for the first time in almost ten years. On Wednesday the Fed announced the 0.25 per cent increase, adding that […] Read more

By Commodity News Service Canada WINNIPEG, December 16 – The following is a glance at the news moving markets globally. MARKETS POSITION AHEAD OF US FEDERAL RESERVE ANNOUNCEMENT The US Federal Reserve will be announcing its decision on whether or not to raise interest rates Wednesday. The widespread belief is that the Fed will raise […] Read more

By Commodity News Service Canada WINNIPEG, December 15 – The following is a glance at the news moving markets globally. MARKETS POSITION AHEAD OF US FEDERAL RESERVE MEETING Members of the US Federal Reserve will be meeting on Wednesday—many market watchers expect the Fed will raise interest rates before the end of the year. If […] Read more

By Commodity News Service Canada WINNIPEG, December 14 The Canadian dollar strengthened against its US counterpart on Monday as the loonie saw some recovery, but still hovered near an 11-and-a-half year low on weakness in crude oil. At 8:45 a.m. CST the Canadian dollar was at US$0.7284 or C$1.3729 which compares with Friday’s North American […] Read more

By Commodity News Service Canada WINNIPEG, December 14 – The following is a glance at the news moving markets globally. CRUDE OIL FUTURES FALL FOR SEVEN STRAIGHT SESSIONS Monday marked crude oil’s longest losing streak since 2014 as the commodity fell seven sessions in a row. Brent crude oil futures and West Texas Intermediate have […] Read more

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