Global markets: US jobless claims rise

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 15 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS UP, BUT BELOW EXPECTATIONS US jobless claims in the week ending September 10 were up 1,000 to a seasonally adjusted 260,000, according to the country’s labour department. The increase was below analyst […] Read more

Global markets: US import prices drop

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 14 – The following is a glance at the news moving markets globally. US IMPORT PRICES SEE FIRST DECLINE IN SIX MONTHS During August, US import prices dropped for the first time in half a year, according to reports out of the country on Wednesday. Import prices fell […] Read more


Global markets: Fed not likely to hike rates in September

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, September 13, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. US FEDERAL RESERVE LIKELY TO HOLD INTEREST RATES STEADY US Federal Reserve officials say they would like to see stronger US economic trends before making significant changes to monetary policy, according […] Read more

Global markets: OPEC upwardly revises crude supply projections

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 12 – The following is a glance at the news moving markets globally. OPEC EXPECTS SURPLUS, CALLS ATTENTION TO RATE HIKE Crude oil supplies are likely to be higher than previously thought in 2016 and 2017, OPEC (Organization of the Petroleum Exporting Countries) said in its monthly report, […] Read more


Global markets: Iran’s oil production up from July

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 9 – The following is a glance at the news moving markets globally. IRANIAN OIL PRODUCTION UP BUT STEADY IN AUGUST Iran reportedly produced 3.63 million barrels of oil per day in August, according to media reports out of the country. That number is a 10,000 barrel per […] Read more

Global markets: US jobless claims drop

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 8 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DECLINE US jobless claims in the week ending September 3 dropped 4,000 to a seasonally adjusted 259,000, according to reports out of the country. That level is the lowest since July, and […] Read more


Global markets: German output falls with sluggish export markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 7 – The following is a glance at the news moving markets globally. GERMAN OUTPUT FALLS TO A TWO-YEAR-LOW German output industrial production dropped the most in 23 months in July, according to reports on Wednesday. Slower global export markets contributed to the declines, analysts say. INDIA’S EXPORTS […] Read more

Global markets: G20 discussions end with growth agenda

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 6 – The following is a glance at the news moving markets globally. G20 ENDS WITH GROWTH OUTLOOK, CRITICS SAY SUBSTANCE LACKING G20 leaders met in Hangzhou, China on September 4 and 5, and ended with officials saying they will foster international economic cooperation, and strong, inclusive growth, […] Read more


Global markets: G20 discussions to start this weekend

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 2 – The following is a glance at the news moving markets globally. G20 TALKS START IN CHINA China will be hosting G20 for the first time this weekend, and world leaders are expected to meet to discuss foreign affairs. Canadian Prime Minister Justin Trudeau, US President Barack […] Read more

Global markets: US labour costs up in Q2

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, September 1 – The following is a glance at the news moving markets globally. US LABOUR COSTS RISE American labour costs gained at a 4.3 per cent annual rate in the second-quarter, reports say. CANADIAN EXPENDITURE IN OIL, GAS INDUSTRIES DOWN IN Q2 Capital expenditures for the oil and […] Read more