Global markets

By Commodity News Service Canada WINNIPEG, March 29 – The following is a glance at the news moving markets globally. JAPAN’S JOBLESS RATE MOVED HIGHER IN FEBRUARY Japan’s jobless rate increased in February, according to reports on Tuesday. Japan’s unemployment rate—on a seasonally adjusted basis—moved to 3.3 per cent last month, compared with 3.2 per […] Read more

By Commodity News Service Canada WINNIPEG, March 28 – The following is a glance at the news moving markets globally. DECLINES IN CRUDE PRICES CAUSE SAUDI ARABIA TO RESTRUCTURE The declining price of crude oil is causing Saudi Arabia to make changes to its economy, according to a report from the Atlantic Council’s Global Energy […] Read more

By Commodity News Service Canada WINNIPEG, March 24 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS RISE US jobless claims for the week ended March 19 gained 6,000 to a seasonally adjusted 265,000, according to data from the country’s labour department. However, jobless claims for the prior week […] Read more

By Commodity News Service Canada WINNIPEG, March 23 – The following is a glance at the news moving markets globally. OIL MEETING COULD BE MEANINGLESS, OFFICIALS AT IEA SAY A meeting between OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC members expected in April could be meaningless, as Saudi Arabia is the only participating […] Read more

By Commodity News Service Canada WINNIPEG, March 22 – The following is a glance at the news moving markets globally. DOUBLE ATTACKS IN BRUSSELS, AT LEAST 26 DEAD: REPORTS At least 26 people have been killed by bombs in Brussels on Tuesday, according to reports on Tuesday. Security alerts across Western Europe have been alerted, […] Read more

By Commodity News Service Canada WINNIPEG, March 21 – The following is a glance at the news moving markets globally. ECONOMISTS CUT BRAZIL’S ECONOMIC OUTLOOK Brazilian analysts have cut the country’s 2016 growth outlook for the ninth week in a row in light of the country’s political turmoil. Economists reduced their 2016 economic forecast to […] Read more

By Commodity News Service Canada WINNIPEG, March 18 – The following is a glance at the news moving markets globally. CRUDE OIL PRICES EXTEND FOUR-WEEK RALLY Crude oil prices were set for a four-week rally in early activity on Friday, propped up by seasonal demand and a weaker US dollar. Prices have more than doubled […] Read more

By Commodity News Service Canada WINNIPEG, March 17 – The following is a glance at the news moving markets globally. US FEDERAL RESERVE CUTS BACK ON RATE HIKES The US Federal Reserve scaled back on the number interest rate increases it will be introducing over the next nine months. The Fed cut the rate forecast […] Read more

By Commodity News Service Canada WINNIPEG, March 16 – The following is a glance at the news moving markets globally. US CONSUMER PRICE INDEX INCREASES IN FEBRUARY America’s consumer price index—not including food and energy components—increased 0.3 per cent in February. The upward trend of rent and medical costs contributed to the increase. Inflation also […] Read more

By Commodity News Service Canada WINNIPEG, March 15 – The following is a glance at the news moving markets globally. INDIA’S MERCHANDISE EXPORTS DOWN, AGAIN India’s merchandise exports declined for the 15th month in a row in February. Exports fell 5.66 per cent compared with a year ago, according to reports on Tuesday. Weak demand […] Read more