Global markets: Canada’s current account deficit widens

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 30 – The following is a glance at the news moving markets globally. CANADIAN CURRENT ACCOUNT DEFICIT GROWS IN Q2 Canada’s current account deficit (on a seasonally adjusted basis) increased C$3.3 billion in the second quarter to C$19.9 billion, as the trade in goods deficit continued to widen, […] Read more


Global markets: Germany’s trade forecast revised lower

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 29 – The following is a glance at the news moving markets globally. GERMANY EXPECTED TO SLOW EXPORTS German export activity is expected to slow throughout 2016, according to reports on Monday. The country’s trade association lowered its 2016 export forecast to between 1.8 and two per cent, […] Read more

Global markets: US GDP growth slower in second-quarter

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 26 – The following is a glance at the news moving markets globally. US GDP GROWTH SLIGHTLY SLOWER IN THE SECOND-QUARTER US gross domestic product expanded at a 1.1 per cent annual rate in the second-quarter, according to data out of the country on Friday. Analysts had expected […] Read more


Global markets: US crude stocks gain

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, August 25, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. CRUDE OIL STOCKS RISE, PRICES MOVE LOWER Crude oil prices declined in early activity on Thursday, as the Energy Information Administration (EIA) released data showing an increase in crude oil stocks. […] Read more

Global Markets: RBC posts surprise gains

Reading Time: 2 minutes By Commodity News Service Canada WINNIPEG, August 24 (CNS Canada) – The following is a glance at the news moving markets globally. RBC EARNINGS EXCEED EXPECTATIONS, BOOSTED BY RISING OIL PRICES The Royal Bank of Canada reported higher-than-expected quarterly results on Wednesday after higher oil prices allowed it to set aside less money to cover […] Read more


Global markets: Weak pound helps UK exports grow

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 23 – The following is a glance at the news moving markets globally. UK EXPORTS INCREASE The UK’s exports moved at the fastest rate in two years in August, according to reports out of the country on Tuesday. Market watchers say a weaker pound added to the advances. […] Read more

Global markets: Canadian wholesale trade up

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 22 – The following is a glance at the news moving markets globally. CANADIAN WHOLESALE TRADE UP IN JUNE Wholesale sales increased for a third consecutive month in June, up 0.7 per cent to C$56.4 billion. Four of the seven subsectors, representing 68 per cent of wholesale sales, […] Read more


Global markets: Canada’s inflation gains

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 19 – The following is a glance at the news moving markets globally. CANADIAN INFLATION MOVES HIGHER IN JULY The Consumer Price Index (CPI) rose 1.3 per cent in the 12 months to July, after increasing 1.5 per cent in June, Statistics Canada said in a report on […] Read more

Global markets: Canada’s employment insurance claims hold steady

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 18 – The following is a glance at the news moving markets globally. CANADIAN EMPLOYMENT INSURANCE CLAIMS MOSTLY UNCHANGED Regular Employment Insurance (EI) beneficiaries in Canada totalled 545,900 in June, essentially unchanged from May. Compared with 12 months earlier, the number of people receiving regular EI benefits was […] Read more