Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 7 – The Canadian dollar was mostly steady against its US counterpart in early activity on Tuesday. The loonie was underpinned by advances in the crude oil market, but that strength was tempered by gains in the US dollar. Anticipation that the US Federal Reserve will raise interest […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 7, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Canada’s merchandise trade balance with the world posted a third consecutive monthly surplus, widening from C$447 million in December to C$807 million in January. Exports were up 0.5 per cent on […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 6 – The following is a glance at the news moving markets globally. – Canada’s total manufacturing sales rose one per cent to C$614.4 billion in 2016, following a 1.7 per cent decline in 2015. Higher sales in the transportation equipment and food industries offset declines in the […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 3 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Bitcoin climbed to its highest levels ever on Friday, following a move by the cryptocurrency to trade above the price of an ounce of gold for the first time. […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 2 – The following is a glance at the news moving markets globally. – Real gross domestic product (GDP) rose 0.6 per cent in the fourth quarter, following a 0.9 per cent increase in the third quarter. Final domestic demand continued to decelerate with ongoing weakness in business […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 1 – The following is a glance at the news moving markets globally. – The Bank of Canada is likely to keep the country’s interest rate unchanged, analysts said on Wednesday. The announcement is set to be released at 9:00 a.m. CST. Market watchers say the bank’s statement […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 28 – The following is a glance at the news moving markets globally. – Canada’s Industrial Product Price Index (IPPI) rose 0.4 per cent in January, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index (RMPI) increased 1.7 per cent, led by […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 27 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, propped up by ideas that prices could advance further with an OPEC (Organization of the Petroleum Exporting Countries) production cut. However, strong US production kept […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 24 – The following is a glance at the news moving markets globally. – The Consumer Price Index (CPI) rose 2.1 per cent on a year-over-year basis in January, following a 1.5 per cent gain in December, Statistics Canada said in a report on Friday. Excluding gasoline, the […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were up on Thursday, as a drop in US stocks gave values a boost. OPEC is also still sticking to its plan to cut production, and […] Read more