Global markets

By Commodity News Service Canada WINNIPEG, May 26 – The following is a glance at the news moving markets globally. – The US economy advanced less than analysts had expected last month, according to reports on Friday. The country’s gross domestic product increased at a 1.2 per cent annual rate, the US Commerce Department said. […] Read more

By Commodity News Service Canada WINNIPEG, May 25 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending May 20 rose 1,000 to a seasonally adjusted 234,000, data from the country’s labour department said. Though claims were up, they were still below 300,000, which indicates […] Read more

By Commodity News Service Canada WINNIPEG, May 24 – The following is a glance at the news moving markets globally. – Bond credit rating organization, Moody’s Investors Services has downgraded China’s credit ratings, according to reports on Wednesday. The downgrade is China’s first in close to 30 years, analysts say. – In Canadian data, realized […] Read more

By Commodity News Service Canada WINNIPEG, MB, May 23, 2017 (CNS Canada) – The Canadian dollar was stronger against its US counterpart on Tuesday. The dollar was propped up by higher crude oil futures and strong domestic data. Crude oil futures advanced on Tuesday, gathering support from reports that OPEC (Organization of the Petroleum Exporting […] Read more

By Commodity News Service Canada WINNIPEG, May 23 – The following is a glance at the news moving markets globally. – Crude oil futures dropped in early activity on Tuesday, pressured by ideas that the US will begin selling off its stockpiles of the commodity. US President Donald Trump’s proposed budget includes selling the country’s […] Read more

By Commodity News Service Canada WINNIPEG, May 18 – The Canadian dollar was mostly unchanged against its US counterpart on Thursday. The commodity-linked loonie was feeling pressure from declines in the crude oil market. However, turbulence in global financial markets limited losses. At 9:15 CDT Thursday, the Canadian dollar was at US$0.7345 or US$=C$1.3614, which […] Read more

By Commodity News Service Canada WINNIPEG, May 18 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending May 13 fell 4,000 to a seasonally adjusted 232,000, the country’s labour department said on Thursday. That pushed the country’s unemployment rate to a 28-and-a-half year low. […] Read more

By Commodity News Service Canada WINNIPEG, May 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Financial markets are watching news out of Washington, DC, closely today, as concerns grow over turmoil in Donald Trump’s White House and the increasing possibility of impeachment. – The […] Read more

By Commodity News Service Canada WINNIPEG, May 16 – The following is a glance at the news moving markets globally. – The Canadian Farm Input Price Index decreased 0.2 per cent in the fourth quarter of 2016. The decline was attributable to lower prices for animal production, down 2.1 per cent, specifically livestock purchases, down […] Read more

By Commodity News Service Canada WINNIPEG, May 15 – The following is a glance at the news moving markets globally. – Crude oil futures advanced to a two-week high on Monday, underpinned by a production cap extension. Officials from Russia and Saudi Arabia issued a statement saying they will be backing a nine-month extension of […] Read more