Global markets: US economy grows at slower pace

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 28 – The following is a glance at the news moving markets globally. – America’s economy advanced in the first quarter, according to reports out of the country on Friday, but at its slowest pace in three years. US gross domestic product was up 0.7 per cent in […] Read more

Global markets: US jobless claims rise

Reading Time: < 1 minute WINNIPEG, April 27 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 22 were above analyst-expectations, according to reports out of the country, but still indicate a healthy labour force. Claims were up by 14,000 last week, to a seasonally adjusted 257,000, the […] Read more


Global markets: US looking to take trade action

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 25 – The following is a glance at the news moving markets globally. – US officials have said the country will be taking retaliatory action against Canada, moving to impose a 20 per cent tariff on softwood lumber, reports say. The tariff, if imposed, is expected to be […] Read more

Global markets: Crude futures notch slightly higher

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 24 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, in recovery-based trade after last week’s losses. OPEC (Organization of the Petroleum Exporting Countries) members are discussing a production cut extension, which added to the […] Read more





Global markets: US housing starts drop

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 18, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – US housing starts dropped in April, the country’s commerce department said on Tuesday, notching the biggest decline in three years. US housing starts fell 6.8 per cent to a seasonally adjusted […] Read more



Global markets: Canadian data comes in before holiday

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 13 – The following is a glance at the news moving markets globally. – Statistics Canada released a bundle of domestic data on Thursday, ahead of the Good Friday holiday. The New Housing Price Index (NHPI) rose 0.4 per cent in February compared with the previous month. Ontario […] Read more

Global markets: WTO releases 2017 trade forecast

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 12 – The following is a glance at the news moving markets globally. – Global trade is expected to advance 2.4 per cent in 2017, a recent projection from the World Trade Organization (WTO) said on Wednesday. The WTO’s report noted a high level of economic and policy […] Read more