Global markets

By Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were at their lowest levels in more than a year Friday morning, as concerns over oversupply and a soft global economic outlook weighed on values. OPEC […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – The Canadian dollar was up slightly at market close Thursday. The loonie closed at US$0.7573 or US$1=C$1.3205, which compares with Wednesday’s close of US$0.7536 or C$1.3270. The S&P/TSX Composite Index closed at 15,091.58, down slightly by 3.44 points. Oil was also down Thursday as […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – Work is underway at restoring the Port of Churchill to its former glory. Omer Al-Katib, spokesperson for Arctic Gateway Group Limited Partnership, said this includes work on grain storage, the wharf and new grain cleaning equipment. “The port fell into a state […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – While there are still some details to work out, the European Union and the United Kingdom have largely agreed on a draft text on the post-Brexit relationship between the […] Read more

Canadian Dollar and Business Outlook By Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – The Canadian dollar was weaker Wednesday morning, ahead of the federal government’s fall fiscal update. At 8:44 CST Wednesday morning the Canadian dollar was at US$0.7526 or C$1.3283, which compares with Tuesday’s North American close of US$0.7542 or C$1.3259. […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump tweeted his thanks to Saudi Arabia for lowering oil prices, claiming the recent weakness in oil prices was “Like a big Tax Cut for […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 19 (CNS Canada) – The Canadian dollar was down at market close Tuesday with the stock market. The loonie closed at US$0.7542 or US$1=C$1.3259, which compares with Monday’s close of US$0.7686 or C$1.3182. The S&P/TSX Composite Index closed at 14,877.00, down 194.01 points. Along with the TSX, the […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 20 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Bank of England Governor Mark Carney has endorsed the Brexit transition plan put forward by United Kingdom Prime Minister Theresa May. “We welcome the transition arrangements in the withdrawal […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 19 (CNS Canada) – Wheat bids in Western Canada were up for the week ended Nov. 16, as a weaker Canadian dollar supported prices. Average Canada Western Red Spring (13.5% CWRS) wheat prices were up, increasing by as much as C$3 per tonne, according to price […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 19 (CNS Canada) – The Canadian dollar is slightly down Monday morning. At 8:32 CST Monday morning the Canadian dollar was at US$0.7580 or C$1.3189, which compares with Friday’s North American close of US$0.7602 or C$1.3154. Oil prices Monday morning are slightly down. West Texas Intermediate crude this […] Read more