Archives

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

By Commodity News Service Canada WINNIPEG, November 27 – The following is a glance at the news moving markets globally. CDN SHOPPERS FRUSTATED OVER COMPUTER GLITCH Black Friday got off to a tough start for customers hoping to secure deals at Best Buy’s online store. A computer glitch took down the site late Thursday evening, […] Read more

By Commodity News Service Canada WINNIPEG, November 26 – The following is a glance at the news moving markets globally. EUROPEAN COMISSION WARNS OF ECONOMIC SHOCKS High public debt and weak growth could put France, Italy and Belgium at risk for economic shocks, the European Commission said on Thursday. Economic shock is an unpredictable movement […] Read more

By Commodity News Service Canada WINNIPEG, November 25 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS TOUCH BACK DOWN TO 42 YEAR LOWS Initial claims for US unemployment benefits dropped by 12,000 in the week ended November 21 to a seasonally adjusted 260,000, according to the country’s labour […] Read more

By Commodity News Service Canada WINNIPEG, November 24 – The following is a glance at the news moving markets globally. US GDP GROWTH REVISED UPWARD Though a growth of 1.5 per cent in the third-quarter was reported last month, that figure has been revised upward to 2.1 per cent, the US Department of Commerce said […] Read more