Archives

By Commodity News Service Canada WINNIPEG, November 23 – The following is a glance at the news moving markets globally. JAPAN TO RAISE MINIMUM WAGE, ANALYSTS CRITICIZE PLAN Japan will be raising minimum wage in an effort to stimulate its economy. However, analysts say the country’s new stimulus package—which included the wage raise—doesn’t break any […] Read more

By Commodity News Service Canada WINNIPEG, November 19 – The following is a glance at the news moving markets globally. G-20 COUNTRIES ECONOMIES SLOWER THAN IN SECOND QUARTER The combined gross domestic products of G-20 countries increased at a slower pace in the third quarter than in the second quarter, according to data from the […] Read more

By Commodity News Service Canada WINNIPEG, November 18 – The following is a glance at the news moving markets globally. INDIAN OIL COMPANIES WANT TO SEE CRUDE OIL LEVY SCRAPPED Indian oil producers want the country’s crude oil tax to be scrapped or reduced, calling it a huge burden amid low global prices. However, removing […] Read more

By Commodity News Service Canada WINNIPEG, November 17 – The following is a glance at the news moving markets globally. FEDERAL GOVERNMENT MOVES TO BAN CRUDE OIL TANKERS IN BC The federal government is following through on its election promise to ban crude oil tankers in Northern BC. Prime Minister Justin Trudeau asked transportation minister […] Read more

By Commodity News Service Canada WINNIPEG, November 16 – The following is a glance at the news moving markets globally. JAPAN SAW RECESSION FROM JULY TO SEPTEMBER, DATA SHOWS Japan fell into a technical recession from July to September, data from the country shows. This recession is the fourth in five years, analysts say. Japan’s […] Read more

By Commodity News Service Canada WINNIPEG, November 13 – The following is a glance at the news moving markets globally. CISCO LOWERS SECOND QUARTER OUTLOOK AMID CHINA SLOWDOWN Cisco, a technology and networking company, lowered its outlook for its second quarter. Despite strong earnings in the first quarter, a weaker Chinese economy could hurt sales, […] Read more

By Commodity News Service Canada WINNIPEG, November 12 – The following is a glance at the news moving markets globally. US JOBLESS CLAIM DATA SITS UNCHANGED Applications for unemployment benefits by US citizens were unchanged for the week ended November 7, the country’s labour department said on Thursday. Initial claims or benefits sat around 276,000, […] Read more

By Commodity News Service Canada WINNIPEG, November 10 – The following is a glance at the news moving markets globally. INTERNATIONAL ENERGY ASSOCIATION SEES DROP-OFF IN INVESTORS The International Energy Agency said Tuesday it has seen a decline in investment. The news was reflected in slightly stronger crude oil futures in early activity, but a […] Read more

By Commodity News Service Canada WINNIPEG, November 9 – The following is a glance at the news moving markets globally. CHINA RELEASES WEAK TRADE DATA In October China’s exports fell 6.9 per cent and imports dropped 18.8 per cent, the country’s customs administration said on Sunday. Analysts expect the data will have a bearish effect […] Read more

By Commodity News Service Canada WINNIPEG, November 6 – The following is a glance at the news moving markets globally. US ADDS JOBS IN OCTOBER, ANALYSTS SPECULATE ABOUT INTEREST RATE The United States saw an increase of 271,000 jobs in October, the country’s labour board said on Friday. The number of jobs added outpaced market […] Read more