Global markets

By Commodity News Service Canada WINNIPEG, May 12 – The following is a glance at the news moving markets globally. – The US and China have reached a deal, which will allow the US to export beef to China, reports said on Friday. US beef had been banned in China since 2003, due to mad-cow […] Read more

By Commodity News Service Canada WINNIPEG, May 11 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending May 6 fell 2,000 to a seasonally adjusted 236,000, the lowest point since 1988. The data also marked the 114th consecutive week that claims have been below […] Read more

By Commodity News Service Canada WINNIPEG, May 10 – The following is a glance at the news moving markets globally. – Import prices in the US were higher in April, according to reports out of the country on Wednesday, coming in above analyst expectations. Last month, import prices in the US advanced 0.5 per cent, […] Read more

By Commodity News Service Canada WINNIPEG, May 9 – The following is a glance at the news moving markets globally. – Germany’s exports advanced to a record high in March, according to reports out of the country on Tuesday. Exports reached new highs, as they advanced 0.4 per cent in March from the month prior, […] Read more

By Commodity News Service Canada WINNIPEG, May 8 – The following is a glance at the news moving markets globally. – China’s exports advanced eight per cent on a dollar-based year-over-year basis, according to reports out of the country on Monday. Imports were close to 12 per cent higher. Though both imports and exports posted […] Read more

By Commodity News Service Canada WINNIPEG, May 5 – The following is a glance at the news moving markets globally. – America’s job growth was higher in April, according to the US Labor Department on Friday. At the same time, unemployment fell to a 10-year-low, at 4.4 per cent. Market watchers say the advances in […] Read more

By Commodity News Service Canada WINNIPEG, May 4 – The following is a glance at the news moving markets globally. – America’s trade gap fell 0.1 per cent to US$43.7 billion in March, according to reports out of the country on Thursday. Declines in imports and exports were responsible for the dip. – Canada’s merchandise […] Read more

By Commodity News Service Canada WINNIPEG, May 3 – The following is a glance at the news moving markets globally. – The eurozone’s economy advanced 0.5 per cent in the first quarter, according to reports out of the region on Wednesday. That growth was in line with expectations, analysts say, though some called it slightly […] Read more

By Commodity News Service Canada WINNIPEG, May 2 – The following is a glance at the news moving markets globally. – The US Federal Reserve is expected to hold interest rates unchanged following its meeting this week, US market watchers say. However officials may indicate their direction for June. The Fed will release its policy […] Read more

WINNIPEG, May 1 – The Canadian dollar was mostly unchanged against its US counterpart on Monday. Losses in crude oil pressured the commodity-linked loonie. In the US, consumer spending stalled in March, reports out of the country say. At 8:50 CDT Monday, the Canadian dollar was at US$0.7323 or US$=C$1.3656, which compares with Friday’s North […] Read more