Global markets

By Commodity News Service Canada WINNIPEG, December 2 – The following is a glance at the news moving markets globally. – OPEC has scheduled a meeting with non-OPEC members to put the finishing touches on a deal to limit the global supply of crude oil. Earlier this week OPEC agreed to slash output by 1.2 […] Read more

By Commodity News Service Canada WINNIPEG, December 1 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending November 26 gained 17,000 to a seasonally adjusted 268,000, according to reports out of the country on Thursday. That level is the highest seen since June, but […] Read more

By Commodity News Service Canada WINNIPEG, November 30 – The following is a glance at the news moving markets globally. – Real gross domestic product (GDP) grew 0.9 per cent in the third quarter, following a 0.3 per cent decline in the second quarter. Exports of energy products, rebounding from a second quarter decline, boosted […] Read more

By Commodity News Service Canada WINNIPEG, November 29 – The following is a glance at the news moving markets globally. – Canada’s current account deficit (on a seasonally adjusted basis) narrowed C$0.7 billion in the third quarter to C$18.3 billion, following three straight quarterly increases, Statistics Canada said in a report on Tuesday. In the […] Read more

By Commodity News Service Canada WINNIPEG, November 28 – The following is a glance at the news moving markets globally. – The Organization for Economic Co-operation and Development (OECD) expects global growth to pick up in 2017, but left its outlook for the Canadian economy unchanged. The OECD expects global growth to increase to an […] Read more

By Commodity News Service Canada WINNIPEG, MB, November 25, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity, with ideas that OPEC (Organization of the Petroleum Exporting Countries) producers will not be able to agree on a production cap at their […] Read more

By Commodity News Service Canada WINNIPEG, November 24 – The following is a glance at the news moving markets globally. – Average weekly earnings of non-farm payroll employees were C$957 in September, virtually unchanged from the previous month, down 0.1 per cent, and up 0.4 per cent from 12 months earlier. In general, the change […] Read more

By Commodity News Service Canada WINNIPEG, November 23 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending November 19 increased by 18,000 to a seasonally adjusted 251,000, data out of the country said on Wednesday. Market watchers are looking to labour force data for […] Read more

By Commodity News Service Canada WINNIPEG, November 22 – The following is a glance at the news moving markets globally. – Following four months of little change, Canada’s retail sales rose 0.6 per cent to C$44.4 billion in September on the strength of higher sales at motor vehicle and parts dealers, Statistics Canada said in […] Read more

By Commodity News Service Canada WINNIPEG, November 21 – The following is a glance at the news moving markets globally. – Crude oil futures moved to a three-week-high in early activity on Monday, propped up by ideas that OPEC (Organization of the Petroleum Exporting Countries) members will be able to reach an output agreement ahead […] Read more