Global markets

Global Markets: Feds may have overpaid for Trans Mountain pipeline By Commodity News Services Canada WINNIPEG, Feb. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A report from Canada’s Parliamentary Budget Office (PBO) released on Thursday stated the federal government may have overpaid for […] Read more

By Commodity News Services Canada WINNIPEG, Jan. 31 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – With the price differential between Western Canadian Select crude oil and the benchmark West Texas Intermediate crude oil at less than US$9 per barrel, the Province of Alberta announced […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 30 (CNS Canada) – The Canadian dollar was up at market close Wednesday with the Toronto Stock Exchange. The dollar finished the day at US$0.7580 or US$1=C$1.3292, which compares with Tuesday’s close of US$0.7538 or C$1.3266. The S&P/TSX Composite Index closed Wednesday with a gain of 21.41 points […] Read more

By Commodity News Services Canada WINNIPEG, Jan. 30 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump renewed his demand for funding of a wall along the U.S./Mexican border. In a tweet Wednesday morning Trump said a bipartisan committee on border […] Read more

By Commodity News Services Canada WINNIPEG, Jan. 29 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States imposed sanctions on Venezuelan oil company PDVSA and froze US$7 billion in Venezuelan assets on Monday afternoon. This is the latest move the U.S. has taken […] Read more

By Commodity News Service Canada WINNIPEG – The Canadian dollar was weaker Monday morning, seeing a modest correction to start the week after strengthening sharply on Friday. At 8:50 CST Friday morning the Canadian dollar was at US$0.7529 or C$1.3282 which compares with Friday’s North American close of US$0.7544 or C$1.3256. Renewed uncertainty over the […] Read more

By Commodity News Services Canada WINNIPEG, Jan. 28 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Ambassador to China John McCallum was forced to resign over the weekend following comments he made about Huawei executive Meng Wanzhou. Meng is under house arrest in Vancouver […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 25 (CNS Canada) – The Canadian dollar is up Friday morning along with equity markets. At 8:50 CST Friday morning the Canadian dollar was at US$0.7536 or C$1.3267, which compares with Thursday’s North American close of US$0.7490 or C$1.3351. The TSX/S&P Composite Index was up 60.25 points Friday […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 25 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – FBI agents in the United States arrested Roger Stone Friday morning facing charges of obstruction, witness tampering, and making false statements as part of the ongoing investigation being conducted […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 24 (CNS Canada) – The Canadian dollar is holding near unchanged Thursday morning in light of the North American stock markets getting off to a mixed start. At 8:55 CST Thursday morning the Canadian dollar was at US$0.7491 or C$1.3347, which compares with Wednesday’s North American close of […] Read more