By Commodity News Service Canada
WINNIPEG, July 18 – The following is a glance at the news moving markets globally.
CHINA’S HOME PRICES SLOW
Chinese home prices saw slower growth in June, for the second month in a row, according to reports out of the country on Monday.
PAKISTAN SETS EXPORT TARGET
Pakistan’s government is providing increased funding to boost exports this year, according to reports on Monday.
The country will be exploring markets in Saudi Arabia and the United Arab Emirates, analysts say.
Last year Pakistan’s imports dropped 12 per cent.
CANADIAN INVESTORS ADD FOREIGN SECURITIES IN MAY
Foreign investment in Canadian securities remained high at C$14.7 billion in May, led by acquisitions of federal government bonds on the secondary market. At the same time, Canadian investors added C$5.1 billion of foreign securities to their holdings, mainly equities, Statistics Canada said in a report on Monday.
