Global markets: OPEC expects bigger carryout in 2017

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 12 – The following is a glance at the news moving markets globally. OPEC OIL PRODUCTION RISES IN SEPTEMBER OPEC production of crude oil increased to an eight-year-high in September, an OPEC (Organization of the Petroleum Exporting Countries) report said. The organization also expects non-OPEC next year’s supplies […] Read more

Global Markets: WHO calls for sugar tax

Reading Time: < 1 minute WINNIPEG, Oct. 11 (CNS Canada) – The following is a glance at the news moving markets globally. US FEDERAL RESERVE TO RELEASE SEPTEMBER MINUTES The US Federal Reserve will release the minutes of its September meeting on Wednesday, October 12. Investors will be reading the minutes closely for signs of future moves. US ELECTION TURMOIL […] Read more


Global markets: US employment growth slower

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 7 – The following is a glance at the news moving markets globally. US EMPLOYMENT GROWTH SLOWS US employment growth was slower than expected in September, according to data out of the country on Friday. Nonfarm payrolls increased by 156,000 jobs, which is down from 167,000. CANADIAN EMPLOYMENT […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 6 – The Canadian dollar was slightly weaker against its US counterpart on Thursday, as the greenback was propped up by strong domestic data. US jobless claims in the week ending October 1 were down 5,000 at a seasonally adjusted 249,000, which is close to a 43-year-low. However, […] Read more


Global markets: US jobless claims reach fresh lows

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 6 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DECLINE US jobless claims dropped near a 43-year-low in the week ending October 1, according to data out of the country on Thursday. Last week, claims for unemployment benefits fell 5,000 to […] Read more

Global markets: US private employers hire at a slower rate

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 5 – The following is a glance at the news moving markets globally. US PRIVATE EMPLOYMENT BELOW MONTH-AGO NUMBERS The US private employment sector added 154,000 jobs in September, according to reports out of the country. August’s private employment numbers were revised down to 175,000, compared with a […] Read more


Global markets: US apartment vacancy rate holds steady

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 4 – The following is a glance at the news moving markets globally. US APARTMENT VACANCY RATE STAYS UNCHANGED The American apartment vacancy rate held steady from the second quarter to the third, according to reports out of the country on Tuesday. The vacancy rate held steady at […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, October 3, 2016 (CNS Canada) – The Canadian dollar was mostly unchanged against its US counterpart on Monday. Strength in the US dollar pressured the loonie, but the commodity-linked currency was underpinned by advances in crude oil, which limited declines. At 9:00 CDT Monday, the Canadian dollar was […] Read more


Global markets: Euro zone manufacturing activity rises

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 3 – The following is a glance at the news moving markets globally. EURO ZONE MANUFACTURING ACTIVITY UP Manufacturing activity in the euro zone increased in September, according to reports out of the country on Monday. Strong demand in Germany helped push up activity, market watchers say. However, […] Read more

Global markets: Canada’s GDP strengthens in July

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 30 – The following is a glance at the news moving markets globally. CANADIAN GDP UP IN JULY Real gross domestic product grew 0.5 per cent in July, led by higher output in the mining, quarrying, and oil and gas extraction sector. The rise in July followed a […] Read more