Global markets

By Commodity News Service Canada WINNIPEG, February 27 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, propped up by ideas that prices could advance further with an OPEC (Organization of the Petroleum Exporting Countries) production cut. However, strong US production kept […] Read more

By Commodity News Service Canada WINNIPEG, February 24 – The following is a glance at the news moving markets globally. – The Consumer Price Index (CPI) rose 2.1 per cent on a year-over-year basis in January, following a 1.5 per cent gain in December, Statistics Canada said in a report on Friday. Excluding gasoline, the […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were up on Thursday, as a drop in US stocks gave values a boost. OPEC is also still sticking to its plan to cut production, and […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Kraft Heinz dropped its bid to purchase rival Unilever, after Unilever said there was ‘no merit, either financial or strategic,’ in Kraft’s offer. If it had gone through, the […] Read more

By Commodity News Service Canada WINNIPEG, February 17 – The following is a glance at the news moving markets globally. – United Kingdom retail sales fell below analyst expectations for the second month in a row in January, according to reports out of the region on Friday, giving indication that the UK’s economic pace could […] Read more

By Commodity News Service Canada WINNIPEG, February 16 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending February 11 increased by 5,000 to a seasonally adjusted 239,000, according to reports out of the country on Thursday. That number is below analyst expectations and marks […] Read more

By Commodity News Service Canada WINNIPEG, February 15 – The following is a glance at the news moving markets globally. – US retail sales outpaced analyst expectations, according to reports out of the country on Wednesday. January’s sales advanced 0.4 per cent, while December’s sales were revised up to one per cent. – Canadian manufacturing […] Read more

By Commodity News Service Canada WINNIPEG, February 14 – The following is a glance at the news moving markets globally. – US producer prices surpassed analyst expectations last month, tracking the largest gains in four years. The American producer price index increased 0.6 per cent in January, after a 0.2 per cent increase in December, […] Read more

By Commodity News Service Canada WINNIPEG, February 13 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Monday, pressured by strong US production and trader positioning ahead of an announcement from OPEC (Organization of the Petroleum Exporting Countries.) American oil drillers have brought […] Read more

By Commodity News Service Canada WINNIPEG, February 10 – The following is a glance at the news moving markets globally. – The three main indexes at Wall Street hit record highs on Thursday, underpinned by the expectation for a coming tax announcement, expected within two or three weeks, from US President Donald Trump. Nasdaq Composite, […] Read more