Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 28, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Royal Bank of Canada reported a 15 per cent increase in fourth-quarter net income to C$3.25 billion, surpassing analyst expectations. The bank’s results were driven by strong performances in its […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 27, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Maple Leaf Foods has announced it will build a C$660 million poultry plant in London, Ont. with funding help from the federal and provincial governments. Construction of the 640,000 square-foot […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 26, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. General Motors is expected to announce this morning that it will close all of its operations in Oshawa, Ont. as part of a global restructuring of the company. GM employs […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were at their lowest levels in more than a year Friday morning, as concerns over oversupply and a soft global economic outlook weighed on values. OPEC […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – The Canadian dollar was up slightly at market close Thursday. The loonie closed at US$0.7573 or US$1=C$1.3205, which compares with Wednesday’s close of US$0.7536 or C$1.3270. The S&P/TSX Composite Index closed at 15,091.58, down slightly by 3.44 points. Oil was also down Thursday as […] Read more

Reading Time: 2 minutes By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – Work is underway at restoring the Port of Churchill to its former glory. Omer Al-Katib, spokesperson for Arctic Gateway Group Limited Partnership, said this includes work on grain storage, the wharf and new grain cleaning equipment. “The port fell into a state […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – While there are still some details to work out, the European Union and the United Kingdom have largely agreed on a draft text on the post-Brexit relationship between the […] Read more

Reading Time: < 1 minute Canadian Dollar and Business Outlook By Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – The Canadian dollar was weaker Wednesday morning, ahead of the federal government’s fall fiscal update. At 8:44 CST Wednesday morning the Canadian dollar was at US$0.7526 or C$1.3283, which compares with Tuesday’s North American close of US$0.7542 or C$1.3259. […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump tweeted his thanks to Saudi Arabia for lowering oil prices, claiming the recent weakness in oil prices was “Like a big Tax Cut for […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 19 (CNS Canada) – The Canadian dollar was down at market close Tuesday with the stock market. The loonie closed at US$0.7542 or US$1=C$1.3259, which compares with Monday’s close of US$0.7686 or C$1.3182. The S&P/TSX Composite Index closed at 14,877.00, down 194.01 points. Along with the TSX, the […] Read more