Global markets

By Commodity News Service Canada WINNIPEG, July 9 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada is set to make its latest interest rate announcement on Wednesday, with most investors expecting an increase in the target overnight rate to 1.5 per […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 6 (CNS) – Hudson’s Bay Co. has announced it is exploring a joint venture with European retailer Signa Holding GmbH. The Canadian retail giant said it has signed a letter of intent to explore a possible deal. Signa has been on the hunt for an agreement […] Read more

By Commodity News Service Canada July 5 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Chinese officials say they will respond instantly if United States’ tariffs on Chinese goods goes into effect as expected at 12:01 a.m. ET Friday, or 11:01 p.m. CT tonight. U.S. […] Read more

By Commodity News Service Canada July 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford officially announced plans to end the province’s cap-and-trade program, opening the door for Ottawa to implement its own carbon tax. The cap- and-trade program forces companies […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 3 (CNS) – Computer maker Dell is going public again. The company announced it will offer tracking stock for common shares in a bid to cut its debt. Dell initially went private in 2013 after losing market share to Apple and Google’s Android devices. HTC has […] Read more

By Commodity News Service Canada WINNIPEG, June 29 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy grew by 0.1 per cent in April, according to a report from Statistics Canada. The increase in gross domestic product beat trade expectations for a flat reading […] Read more

By Commodity News Service Canada June 28 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – U.S. President Donald Trump and Russian President Vladimir Putin plan to meet in Helsinki, Finland, July 16 in attempts to smooth over simmering relations between the two. The White House […] Read more

By Commodity News Service Canada June 27 (CNS Canada) – The Canadian dollar is being cushioned by rising oil prices as WTI crude climbed to US$71.55 per barrel this morning an increase of 1.43 per cent. Production stoppages at Syncrude facilities in Canada and supply disruptions from Venezuela have sparked the increase. However, the loonie […] Read more

By Commodity News Service Canada June 27 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Ottawa’s purchase of the Trans Mountain pipeline will add C$6.5 billion in unplanned spending to the federal deficit for the 2018-19 fiscal year, said a study by the Institute for […] Read more

By Commodity News Service Canada June 26 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Major stock indexes were mainly flat this morning but remained on edge following Monday’s steep decline in Canadian and U.S. markets with investors jittery about a looming trade war between […] Read more