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Global Markets: Australia ratifies CPTPP

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Published: October 31, 2018

By Commodity News Services Canada

WINNIPEG, Oct. 31 (CNS Canada) – The following is a glance at the news moving markets in
Canada and globally.

– Australia became the sixth country to ratify the Comprehensive and Progressive
Agreement for Trans-Pacific Partnership. The trade deal, which Canada ratified last
week, comes into effect at the end of December.

– Democrats could put up legislative hurdles to passage of the
United States-Mexico-Canada Agreement should they make major gains in
next week’s United States mid-term elections.

– Goldman Sachs Group said gold is benefiting from fears the U.S. economy
could slip into recession as stocks continue to slide.

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