Global markets

By Commodity News Service Canada WINNIPEG, April 6 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 1 fell 25,000 to a seasonally adjusted 234,000—the biggest drop in two years, the country’s labour department said. Claims have been below 300,000 for 109 consecutive […] Read more

By Commodity News Service Canada WINNIPEG, April 5 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Wednesday, moving near a one-month-high. The market was underpinned by data showing America’s crude inventories were lower-than-expected. The country’s crude supplies dropped 1.8 million barrels last […] Read more

By Commodity News Service Canada WINNIPEG, April 4, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – The American trade deficit dropped more than anticipated in February, according to reports out of the country on Tuesday. The US trade gap fell 9.6 per cent to US$43.6 billion, the […] Read more

By Commodity News Service Canada WINNIPEG, April 3, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Factories in Europe and Asia saw solid growth in March, according to a report on Monday. China’s manufacturing index advanced at its fastest pace in close to five years, analysts say, […] Read more

By Commodity News Service Canada WINNIPEG, March 31 – The following is a glance at the news moving markets globally. – Canada’s gross domestic product grew 0.6 per cent in January on the strength of widespread growth across both goods- and service-producing industries. With the exception of October, gross domestic product has risen every month […] Read more

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar was stronger against its US counterpart in early activity on Thursday. The commodity-linked loonie was underpinned by advances in the crude oil market. Crude gained with reports of smaller inventories than expected and lower production in key areas. At 8:45 CDT Thursday, the […] Read more

By Commodity News Service Canada WINNIPEG, March 30 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending March 25 dropped 3,000 to a seasonally adjusted 258,000, data from the country’s labour department said on Thursday. That marks 108 consecutive weeks in which claims have […] Read more

By Commodity News Service Canada WINNIPEG, March 29 – The following is a glance at the news moving markets globally. – British Prime Minister Theresa May launched Article 50, a step toward Brexit, according to reports on Wednesday. That indicates the start of two years of talks, ending with the UK leaving the EU by […] Read more

By Commodity News Service Canada WINNIPEG, March 28 – The following is a glance at the news moving markets globally. – The US dollar recovered slightly from its worst losses since November, underpinned by an announcement from the US Federal Reserve. Fed officials have said they are still set to raise interest rates twice this […] Read more

By Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures fell in early activity on Monday, pressured by ideas that the OPEC (Organization of the Petroleum Exporting Countries) production cap, which had supported values, may not be extended. Some […] Read more