Global Markets: Canada’s trade deficit widens

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s trade deficit widened in the month of June, compared to the month previous. Exports declined due to fewer shipments of metals and energy. In June, exports declined by […] Read more


Global Markets: Canada mulls Venezuela sanctions

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Aug. 3 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Liberal government says it cannot apply punitive sanctions on Venezuela President Nicolas Madura’s administration for human rights abuses because it lacks the legal authority. The United States froze […] Read more



Global Markets: Housing crunch seen on the horizon

Reading Time: < 1 minute By Commodity News Service Canada August 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada, and two private banks predict a decline in the housing industry’s contribution to economic growth, says Reuters. The Bank of Canada predicts the housing sector’s contribution […] Read more

Global Markets: Libor rate could get axed

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, July 31 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s raw materials price index softened in June due to a decline in energy. According to Statistics Canada, the index decreased last month by 1%. The index measures the […] Read more


Global Markets: Obamacare ‘skinny repeal’ rejected

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, July 28, CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The latest attempt at dismantling the US Affordable Care Act (Obamacare) failed Friday morning, as three Republican Senators joined the Democrats in voting 49 to 51 to reject the […] Read more

Global Markets: Samsung to unseat rival Apple

Reading Time: < 1 minute By Commodity News Service Canada July 27 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Samsung is expected to report earnings of US$54.8 billion in revenue and US$12.6 billion in profit for the second quarter, ending June 30. It would set the world’s No. 1 […] Read more


Global Markets: Trump tweets; hacker faces extradition

Reading Time: < 1 minute By Commodity News Service Canada July 25 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump continued to lash out as his Attorney General Jeff Sessions today for what he sees as inaction on prosecuting former U.S. presidential candidate Hillary Clinton’s […] Read more

Global Markets: OPEC meets in Russia

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, July 24, CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – OPEC and other large oil producing non-OPEC members met in St. Petersburg, Russia today to discuss cuts to production. Saudi Arabia promised to cap oil exports at 6.6 million […] Read more