Global markets: US jobless claims rise

WINNIPEG, April 27 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 22 were above analyst-expectations, according to reports out of the country, but still indicate a healthy labour force. Claims were up by 14,000 last week, to a seasonally adjusted 257,000, the […] Read more

Global markets: US looking to take trade action

By Commodity News Service Canada WINNIPEG, April 25 – The following is a glance at the news moving markets globally. – US officials have said the country will be taking retaliatory action against Canada, moving to impose a 20 per cent tariff on softwood lumber, reports say. The tariff, if imposed, is expected to be […] Read more


Global markets: Crude futures notch slightly higher

By Commodity News Service Canada WINNIPEG, April 24 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, in recovery-based trade after last week’s losses. OPEC (Organization of the Petroleum Exporting Countries) members are discussing a production cut extension, which added to the […] Read more




Global markets: US housing starts drop

By Commodity News Service Canada WINNIPEG, April 18, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – US housing starts dropped in April, the country’s commerce department said on Tuesday, notching the biggest decline in three years. US housing starts fell 6.8 per cent to a seasonally adjusted […] Read more