Global markets

By Commodity News Service Canada WINNIPEG, March 16 – The Canadian dollar was mostly unchanged against its US counterpart in early activity on Thursday. The commodity-linked loonie was supported by strength in the crude oil market, while the US dollar was underpinned by a monetary policy announcement from the US Federal Reserve. The Fed raised […] Read more

By Commodity News Service Canada WINNIPEG, March 16 – The following is a glance at the news moving markets globally. – The US Federal Reserve boosted interest rates on Wednesday, news which carried into markets on Thursday. The Fed raised interest rates a quarter point, though it signaled a dovish, gradual approach to monetary policy […] Read more

By Commodity News Service Canada WINNIPEG, March 15 – The following is a glance at the news moving markets globally. – US retail sales posted their smallest increase in six months in February, according to reports out of the country on Wednesday. Purchases rose 0.1 per cent, analysts say, a scale back in the consumer […] Read more

By Commodity News Service Canada WINNIPEG, March 14 – The following is a glance at the news moving markets globally. – The US Federal Reserve began its two-day policy meeting on Tuesday, with many analysts expecting a rate hike to follow. The Fed has forecasted raising interest rates three times this year—which underpinned the US […] Read more

By Commodity News Service Canada WINNIPEG, March 13 – The following is a glance at the news moving markets globally. – Crude oil futures declined to a three-month-low in early activity on Monday, feeling pressure from heavy US production and drilling activity. The market has declined close to ten per cent week on week, which […] Read more

By Commodity News Service Canada WINNIPEG, March 10 – The following is a glance at the news moving markets globally. – The US economy added 235,000 jobs in February, according to reports out of the country on Friday, while the unemployment rate dropped to 4.7 per cent. Market watchers say this could push the US […] Read more

By Commodity News Service Canada WINNIPEG, March 9 – The following is a glance at the news moving markets globally. – The New Housing Price Index (NHPI) edged up 0.1 per cent in January compared with the previous month. The increase was largely attributable to new housing prices in Ontario, Statistics Canada said in a […] Read more

By Commodity News Service Canada WINNIPEG, March 8 – The following is a glance at the news moving markets globally. – The value of building permits issued by Canadian municipalities rose 5.4 per cent to C$7.6 billion in January, following two consecutive monthly decreases. Six provinces posted increases, led by Alberta and British Columbia. Nationally, […] Read more

By Commodity News Service Canada WINNIPEG, March 7 – The Canadian dollar was mostly steady against its US counterpart in early activity on Tuesday. The loonie was underpinned by advances in the crude oil market, but that strength was tempered by gains in the US dollar. Anticipation that the US Federal Reserve will raise interest […] Read more

By Commodity News Service Canada WINNIPEG, March 7, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Canada’s merchandise trade balance with the world posted a third consecutive monthly surplus, widening from C$447 million in December to C$807 million in January. Exports were up 0.5 per cent on […] Read more