Reading Time: < 1 minute WINNIPEG, October 29 – The following is a glance at the news moving markets globally. US GDP GROWTH SLOWED IN THIRD-QUARTER Economic growth in the US halted sharply in the third-quarter, according to data released by the country’s Commerce Department. Gross domestic product increased at a 1.5 per cent annual rate, compared with 3.9 per […] Read more
Global Markets: US GDP hits the brakes

Global Markets: US Fed decision to be announced
Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 28 – The following is a glance at the news moving markets globally. ALBERTA GOVERNMENT HOPES SPENDING WILL STIMULATE ECONOMY Alberta Finance Minister Joe Ceci said Tuesday that the NDP government will be using spending stimulus to boost the economy. The province faces a record C$6.1 billion deficit. […] Read more

Global markets: U.S. Federal Reserve to meet this week
Reading Time: < 1 minute CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more

Global markets: WHO research
Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. PROCESSED MEAT CAUSES CANCER, WHO SAYS — Eating processed meat can cause bowel cancer, the World Health Organization (WHO) said Monday. The WHO added processed meats, such as hot dogs and ham, to its group one list, which also includes items […] Read more
Global markets: China slashes interest rates
Reading Time: < 1 minute CNS Canada –– The following is a glance at the news moving markets globally. CHINA’S CENTRAL BANK CUTS INTEREST RATES, AGAIN — China’s central bank cut interest rates once again on Friday, which marks the sixth time the bank has done so since November. The changes also lowered the amount of cash that banks must […] Read more

Global markets: Apple in China, U.S. oil rig flatlining
Reading Time: < 1 minute CNS Canada –– The following is a glance at the news moving markets globally. APPLE CEO SAYS HE IS NOT WORRIED ABOUT OPENING STORE IN CHINA — Apple CEO Tim Cook has said he is not concerned about opening a new store in China, despite the country’s recent economic downturn. China has seen losses in […] Read more

Global markets: Brazilian and South African economies
Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more

Global markets: Canada’s federal election, Russia’s economy
Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. CANADIAN FEDERAL ELECTION — Liberal leader Justin Trudeau won a majority government last night, despite being in third place at the start of a marathon 78-day campaign. Up next, the new prime minister must form a cabinet, and decide whether or […] Read more
Global markets: U.S. Federal Reserve and China’s economy
Reading Time: < 1 minute CNS Canada –– The following is a glance at the news moving markets globally. CANADIAN ELECTION — The Canadian Federal election is today, and market participants will be following the outcome closely. U.S. FED OFFICAL SAYS IT’S TOO SOON TO TALK ABOUT INTEREST RATE — New York Federal Reserve President, William Dudley, said it’s too […] Read more

Global markets: Kenya prompted to cut back on spending
Reading Time: < 1 minute CNS Canada, Oct. 16 — The following is a glance at the news moving markets globally. KENYA PROMPTED TO CUT EXPENDITURE BY IMF AND WORLD BANK – The World Bank and International Monetary Fund advised the Kenyan government to stop spending on non-priority projects. The country’s treasury has been borrowing shillings at a high interest […] Read more