Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 29 – The following is a glance at the news moving markets globally. – British Prime Minister Theresa May launched Article 50, a step toward Brexit, according to reports on Wednesday. That indicates the start of two years of talks, ending with the UK leaving the EU by […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 28 – The following is a glance at the news moving markets globally. – The US dollar recovered slightly from its worst losses since November, underpinned by an announcement from the US Federal Reserve. Fed officials have said they are still set to raise interest rates twice this […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures fell in early activity on Monday, pressured by ideas that the OPEC (Organization of the Petroleum Exporting Countries) production cap, which had supported values, may not be extended. Some […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 24 – The following is a glance at the news moving markets globally. – TransCanada announced that the US Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline, according to a media release issued by the company on Friday. The pipeline […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The US House of Representatives is set to vote today on the ‘American Health Care Act,’ a bill that would begin the process of ending ‘Obamacare.’ The financial markets […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 22 – The following is a glance at the news moving markets globally. – Last month Japan’s exports advanced at their highest pace in two years, according to reports out of the region on Wednesday. The country’s merchandise exports advanced 11.3 per cent (or 6.347 trillion yen) in […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 21 – The following is a glance at the news moving markets globally. – America’s current account deficit dropped in the fourth-quarter, according to reports out of the country on Tuesday, falling to the lowest level in more than a year. The current account deficit declined 3.1 per […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 20 – The following is a glance at the news moving markets globally. – G20 leaders moved to drop a no-protectionism pledge, according to a release issued on Saturday. The news follows 10 years of encouraging open trade. The G20 is comprised of 19 countries and the European […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 17 – The following is a glance at the news moving markets globally. – American factory output was higher in February, marking the sixth consecutive month the sector has gained. In February, manufacturing production in the US was up 0.5 per cent, reports out of the country said. […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 16 – The Canadian dollar was mostly unchanged against its US counterpart in early activity on Thursday. The commodity-linked loonie was supported by strength in the crude oil market, while the US dollar was underpinned by a monetary policy announcement from the US Federal Reserve. The Fed raised […] Read more