Global markets

By Commodity News Service Canada WINNIPEG, May 11 – The following is a glance at the news moving markets globally. INDIA’S DROUGHT EXPECTED TO HURT ECONOMY India’s drought is expected to take about a US$100 billion toll on the national economy, according to reports on Wednesday. Water shortages across ten states and loss of livestock […] Read more

By Commodity News Service Canada WINNIPEG, May 10 – The following is a glance at the news moving markets globally. CHINA’S CONSUMER INFLATION GAINS SLIGHTLY IN APRIL China’s consumer price index gained 2.3 per cent from year-ago levels in April, according to reports on Tuesday. Higher food prices, most notably pork, contributed to the gains, […] Read more

By Commodity News Service Canada WINNIPEG, May 9 – The following is a glance at the news moving markets globally. CHINA’S ECONOMY EXPECTED TO GROW 6.7 PER CENT China’s economy is expected to grow 6.7 percent in the second-quarter, due to gains in the infrastructure and property markets, according to estimates from within the country. […] Read more

By Commodity News Service Canada WINNIPEG, May 6 – The following is a glance at the news moving markets globally. US LABOUR FORCE AT SEVEN-MONTH-LOW The US economy saw the smallest growth since September 2015, adding 160,000 jobs in April, according to reports on Friday. That figure is below the first-quarter average job growth, market […] Read more

By Commodity News Service Canada WINNIPEG, May 5 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS UP US jobless claims for the week ended April 30 were up by 17,000 to a seasonally adjusted 274,000, according to reports on Thursday. That increase is the highest since February 2015, […] Read more

By Commodity News Service Canada WINNIPEG, May 4 – The following is a glance at the news moving markets globally. US TRADE DEFICIT FALLS IN MARCH The US trade gap dropped 13.9 per cent to US$40.4 billion in March, according to reports out of the country on Wednesday. That’s the lowest figure since February 2015, […] Read more

By Commodity News Service Canada WINNIPEG, May 3 – The following is a glance at the news moving markets globally. CRUDE LOSES MORE THAN ONE PER CENT IN EARLY ACTIVITY Crude oil futures fell about 1.3 per cent in early activity on Tuesday, ahead of data from the Energy Information Administration on Wednesday, which is […] Read more

By Commodity News Service Canada WINNIPEG, May 2 – The following is a glance at the news moving markets globally. ASIA’S MANUFACTURING DOWN Asia’s factory activity was sluggish in April, according to reports on Monday, as Japan’s manufacturing dropped at the fastest pace in three years. The country’s PMI moved to 48.2 in April from […] Read more

By Commodity News Service Canada WINNIPEG, April 29 – The following is a glance at the news moving markets globally. CANADA’S ECONOMY SHRINKS IN FEBRUARY After rising for four consecutive months, real gross domestic product edged down 0.1 per cent in February. The output of goods-producing industries declined in February, while the output of service-producing […] Read more

By Commodity News Service Canada WINNIPEG, April 28 – The following is a glance at the news moving markets globally. US ECONOMIC GROWTH HITS TWO-YEAR-LOW The US economy moved at its slowest pace in two years in the first quarter, according to reports on Thursday. Government data says the country’s gross domestic product grew at […] Read more