Global markets

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

By Commodity News Service Canada WINNIPEG, March 6 – The following is a glance at the news moving markets globally. – Canada’s total manufacturing sales rose one per cent to C$614.4 billion in 2016, following a 1.7 per cent decline in 2015. Higher sales in the transportation equipment and food industries offset declines in the […] Read more

By Commodity News Service Canada WINNIPEG, March 3 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Bitcoin climbed to its highest levels ever on Friday, following a move by the cryptocurrency to trade above the price of an ounce of gold for the first time. […] Read more

By Commodity News Service Canada WINNIPEG, March 2 – The following is a glance at the news moving markets globally. – Real gross domestic product (GDP) rose 0.6 per cent in the fourth quarter, following a 0.9 per cent increase in the third quarter. Final domestic demand continued to decelerate with ongoing weakness in business […] Read more

By Commodity News Service Canada WINNIPEG, March 1 – The following is a glance at the news moving markets globally. – The Bank of Canada is likely to keep the country’s interest rate unchanged, analysts said on Wednesday. The announcement is set to be released at 9:00 a.m. CST. Market watchers say the bank’s statement […] Read more