Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 23 – The following is a glance at the news moving markets globally. – Canada’s economy shrank in October, for the first time since May, according to a report from Statistics Canada. After increasing for four consecutive months, real gross domestic product was down 0.3 per cent in […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 22 – The following is a glance at the news moving markets globally. – Canada’s Consumer Price Index (CPI) rose 1.2 per cent on a year-over-year basis in November, following a 1.5 per cent gain in October, Statistics Canada said in a report on Thursday. The CPI indicates […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 20 – The following is a glance at the news moving markets globally. – Wholesale sales increased 1.1 per cent to C$56.6 billion in October, offsetting most of September’s 1.5 per cent decrease. Gains were recorded in five subsectors, led by higher sales in the building material and […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 19 – The following is a glance at the news moving markets globally. – The US dollar was near its highest level in 14 years in early activity on Monday. The greenback was underpinned by ideas that president-elect Donald Trump’s fiscal expansion, proposed during his campaign, will lead […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 16 – The following is a glance at the news moving markets globally. – The number of US housing starts dropped more than expected in November, according to reports out of the country on Friday. Ground-breaking fell 18.7 per cent from October’s nine-year high. – Foreign acquisitions of […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 15 (CNS Canada) – The following is a glance at the news moving markets globally. The US dollar index climbed to its highest levels in 14 years on Thursday, as yesterday’s move by the US Federal Reserve to raise interest rates sparked a rally in the currency. The […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 14 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Wednesday, pressured by increased US inventories, market watchers say. Ideas that OPEC (Organization of the Petroleum Exporting Countries) countries may have produced more oil than expected […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 13 – The following is a glance at the news moving markets globally. – Canada’s net foreign asset position increased by C$31.5 billion in the third quarter to C$115.3 billion, following two quarters of decline. Canada’s international assets have now exceeded international liabilities for eight straight quarters, Statistics […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 12 – The Canadian dollar gained ground against its US counterpart in early activity on Monday, tracking advances in crude oil. New York Mercantile crude oil futures were higher Monday morning, continuing to gather support from an OPEC (Organization of the Petroleum Exporting Countries) production output cap. At […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 12 – The following is a glance at the news moving markets globally. – Officials from the US Federal Reserve are meeting this week. Many analysts expect the Fed will be raising interest rates before president-elect Donald Trump is inaugurated, according to reports out of the country on […] Read more