Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 17 – The following is a glance at the news moving markets globally. CRUDE PRICES GAIN Crude oil prices notched a fresh five-week high on Tuesday, as OPEC (Organization of the Petroleum Exporting Countries) may start cooperating on production output. Analysts say Saudi Arabian officials have expressed interest […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 16 – The following is a glance at the news moving markets globally. US CONSUMER PRICES UNCHANGED IN JULY The cost of consumer goods in the US held steady in July, according to reports out of the country on Tuesday. The flatness followed two months of 0.2 per […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 15 – The following is a glance at the news moving markets globally. BRITISH EMPLOYERS CAUTIOUS ABOUT HIRING POST-BREXIT Employers are likely to be more cautious about hiring following a decision from Britain to leave the European Union, according to data from the Chartered Institute of Personnel and […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 12 – The following is a glance at the news moving markets globally. US PRODUCER PRICES FALL IN JULY US producer prices dropped in July, according to data out of the country on Friday. The producer price index dropped 0.4 per cent, feeling pressure from lower energy and […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 11 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS MOVE LOWER US jobless claims in the week ending August 6 dropped 1,000 to 266,000, according to data out of the country on Thursday. Claims have been below 300,000 for 75 consecutive […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 10 – The following is a glance at the news moving markets globally. WORLD STOCKS HIT FRESH HIGHS World stocks have hit a new one-year-high, according to reports on Wednesday. The US dollar dropped against a bundle of currencies on Wednesday, as weaker productivity data curbed market expectations […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 9 – The following is a glance at the news moving markets globally. CANADIAN CRUDE OIL PRODUCTION DROPS IN MAY Canada produced 14.7 million cubic metres (92.8 million barrels) of crude oil and equivalent products in May, down 11.6 per cent compared with the same month in 2015, […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 8 – The following is a glance at the news moving markets globally. CANADIAN BUILDING PERMITS DROP IN JUNE Municipalities issued building permits worth C$6.4 billion in June, down 5.5 per cent from the previous month. Lower construction intentions for multi-family dwellings and institutional buildings were mostly responsible […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, August 5 (CNS Canada) – The following is a glance at the news moving markets globally. CANADA LOSES 31,200 JOBS IN JULY The Canadian labour market unexpectedly lost 31,200 net jobs in July, according to Statistics Canada. It is the biggest monthly drop in full-time work in nearly five […] Read more

Reading Time: 2 minutes By Commodity News Service Canada WINNIPEG, August 4 (CNS Canada) – The following is a glance at the news moving markets globally. BANK OF ENGLAND CUTS BENCHMARK INTEREST RATE TO NEW LOW The Bank of England cut its main interest rate to 0.25 per cent from 0.5 per cent on Thursday, marking a new low […] Read more