Global markets

By Commodity News Service Canada WINNIPEG, January 5 – The following is a glance at the news moving markets globally. – The Industrial Product Price Index (IPPI) rose 0.3 per cent in November. Higher prices for motorized and recreational vehicles and primary non-ferrous metal products were largely moderated by lower prices for energy and petroleum […] Read more

By Commodity News Service Canada WINNIPEG, January 4 – The following is a glance at the news moving markets globally. – The eurozone’s inflation has moved to its highest level in more than three years, data from the region said on Wednesday. Annual inflation moved to a rate of 1.1 per cent in December, according […] Read more

By Commodity News Service Canada WINNIPEG, January 3 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on the first trading day of the New Year. Brent crude oil touched an 18-month-high on Tuesday, underpinned by a proposed deal from OPEC (Organization of the […] Read more

By Commodity News Service Canada WINNIPEG, December 30 – The following is a glance at the news moving markets globally. – In the last trading day of 2016, crude oil futures were generally stronger, with investors looking to an OPEC (Organization of the Petroleum Exporting Countries) output production cap set to take place in the […] Read more

By Commodity News Service Canada WINNIPEG, December 29 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending December 24 fell a seasonally adjusted 10,000 to sit at 265,000, data from the country’s labour department says. Last week marks the 95th consecutive week jobless claims […] Read more

By Commodity News Service Canada WINNIPEG, December 28 – The following is a glance at the news moving markets globally. – Crude oil futures were mostly unchanged in early activity on Wednesday. The market was holding near its highest level since mid-2015, analysts say. OPEC (Organization of the Petroleum Exporting Countries) producers are expected to […] Read more

By Commodity News Service Canada WINNIPEG, December 23 – The following is a glance at the news moving markets globally. – Canada’s economy shrank in October, for the first time since May, according to a report from Statistics Canada. After increasing for four consecutive months, real gross domestic product was down 0.3 per cent in […] Read more

By Commodity News Service Canada WINNIPEG, December 22 – The following is a glance at the news moving markets globally. – Canada’s Consumer Price Index (CPI) rose 1.2 per cent on a year-over-year basis in November, following a 1.5 per cent gain in October, Statistics Canada said in a report on Thursday. The CPI indicates […] Read more

By Commodity News Service Canada WINNIPEG, December 20 – The following is a glance at the news moving markets globally. – Wholesale sales increased 1.1 per cent to C$56.6 billion in October, offsetting most of September’s 1.5 per cent decrease. Gains were recorded in five subsectors, led by higher sales in the building material and […] Read more

By Commodity News Service Canada WINNIPEG, December 19 – The following is a glance at the news moving markets globally. – The US dollar was near its highest level in 14 years in early activity on Monday. The greenback was underpinned by ideas that president-elect Donald Trump’s fiscal expansion, proposed during his campaign, will lead […] Read more