Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 9 – The following is a glance at the news moving markets globally. INTERNATIONAL ENERGY ASSOCIATION EXPECTS GLUT TO GROW The International Energy Association (IEA) expects supplies of crude oil to increase throughout 2016, according to reports on Tuesday. The IEA expects oil producing countries will not be […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 8 – The following is a glance at the news moving markets globally. CHINESE AND BRAZILIAN ECONOMIES STABILZE China and Brazil’s economies have stabilized, according to the Organisation for Economic Cooperation and Development (OECD), an international policy group. According to OECD, advanced economies, like the US and Britain, […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 5 – The following is a glance at the news moving markets globally. US JOBS GAINS SLOW, BUT UNEMPLOYMENT AT 8-YEAR-LOW Employment gains in the US slowed in January, according to the country’s labour department, as non-farm payrolls increased by 151,000 jobs. The country’s unemployment rate was at […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 4 – The following is a glance at the news moving markets globally. TRANS-PACIFIC PARTNERSHIP SIGNED BY PARTICIPATING COUNTRIES The Trans-Pacific Partnership (TPP) was signed by the 12 member countries on Thursday. The participating countries met in New Zealand to ink the deal, but many years of negotiations […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 3 – The following is a glance at the news moving markets globally. US PRIVATE SECTOR ADDS MORE JOBS IN JANUARY Private employers in the US added 205,000 jobs in January, according to reports out of the country. The gain was above analyst expectations, but behind December’s upwardly […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 2 The Canadian dollar weakened against its US counterpart on Tuesday, as crude oil futures continued to fall. At 8:35 a.m. CST the Canadian dollar was at US$0.7121 or C$1.4043 which compares with Monday’s North American close of US$0.7179, or C$1.3930. New York Mercantile crude oil futures had […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 2 (CNS Canada) – The following is a glance at the news moving markets globally. UKRAINE’S GDP DECLINES Ukraine’s economy declined by 10.4 per cent in 2015, according to reports out of the country. Military conflict in the eastern part of the country was considered a large source […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 1 (CNS Canada) – The following is a glance at the news moving markets globally. UK SEES BOOST IN MANUFACTURING, BUT SLOWER EXPORTS Manufacturing in the UK increased in January, according to Markit Purchasing Managers’ Index, a series which tracks business indications. The index moved up from 52.1 […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, January 29 – The following is a glance at the news moving markets globally. US ECONOMY SLOWS IN FOURTH-QUARTER The US economy slowed in the fourth-quarter, the country’s Commerce Department said on Friday. Gross domestic product increased at a 0.7 per cent annual rate, compared with two per cent […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, January 28, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. FED HOLDS INTEREST RATES STEADY The US Federal Reserve announced it will be keeping interest rates steady on Wednesday, but indicated it was still set to change monetary policy in 2016. […] Read more