Global markets

By Commodity News Service Canada WINNIPEG, May 27 – The following is a glance at the news moving markets globally. US FIRST-QUARTER GDP REVISED UPWARD The US economy gained more than previously thought in the first-quarter, according to reports out of the country on Friday. US gross domestic product was revised upward from 0.5 per […] Read more

By Commodity News Service Canada WINNIPEG, May 26 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN ON THE WEEK US jobless claims in the week ended May 10 were down 10,000 to sit at a seasonally adjusted 268,000, data from the country’s labour department says. The reduction […] Read more

By Commodity News Service Canada WINNIPEG, May 24 – The following is a glance at the news moving markets globally. FED OFFICIAL SAYS ECONOMY COULD SUPPORT RATE HIKE John Williams, president of the Federal Reserve Bank of San Francisco, said the US economy could withstand an interest rate hike, according to reports on Tuesday. Williams […] Read more

By Commodity News Service Canada WINNIPEG, May 20 – The following is a glance at the news moving markets globally. CANADA’S CONSUMER PRICE INDEX GAINS Canada’s Consumer Price Index rose 1.7 per cent in April, compared with a year ago, Statistics Canada said in a report on Friday. According to StatsCan, excluding gasoline, the CPI […] Read more

By Commodity News Service Canada WINNIPEG, May 19 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN WEEK-ON-WEEK Initial US jobless claims for state unemployment benefits in the week ended May 14 dropped 16,000 to a seasonally adjusted 278,000, according to data from the country’s labour department. The […] Read more

By Commodity News Service Canada WINNIPEG, May 18 – The following is a glance at the news moving markets globally. FINANCES IN UK HOUSEHOLDS WEAKEN AT FASTEST PACE IN TWO YEARS Britain’s household finances weakened at their fastest level in two years, according to data from the region on Wednesday. The country’s household finance index […] Read more

By Commodity News Service Canada WINNIPEG, May 17 – The following is a glance at the news moving markets globally. RUSSIAN CRUDE EXPORTS UP, BUT PROFITS DOWN Russia’s crude oil export revenue dropped 38 per cent from January to March, compared with the same time frame a year prior, according to reports on Tuesday. But […] Read more

By Commodity News Service Canada WINNIPEG, May 16 – The following is a glance at the news moving markets globally. INDIA’S WHOLESALE PRICES GAIN India’s wholesale prices gained in April, for the first time in 18 months, according to reports on Monday. India’s wholesale food prices gained 4.23 per cent in April, while the cost […] Read more

By Commodity News Service Canada WINNIPEG, May 13 – The following is a glance at the news moving markets globally. US RETAIL SALES GAIN MOST IN A YEAR US retail sales gained the most in a year in April, according to data out of the country. April’s sales were up 1.3 per cent, the highest […] Read more

By Commodity News Service Canada WINNIPEG, May 12 – The following is a glance at the news moving markets globally. BRAZIL PRESIDENT FACES CHARGES Brazil’s president, Dilma Rousseff, will face trial for alleged corruption and breaking budget rules, according to reports on Thursday. Rousseff is expected to release a statement later today. US JOBLESS CLAIMS […] Read more