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Global Markets: Trump to deliver State of the Union

By Commodity News Service Canada WINNIPEG, Feb. 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump will deliver his State of the Union address Tuesday evening. The speech before a joint session of Congress was originally scheduled for January, but […] Read more

Canadian Financial Close: Loonie follows crude oil in losing ground

By Commodity News Service Canada WINNIPEG, Feb. 4 (CNS Canada) – The Canadian dollar was down at market close Monday as oil prices declined. The dollar finished the day at US$0.7618 or US$1=C$1.3127, which compares with Friday’s close of US$0.7637 or C$1.3095. The S&P/TSX Composite Index closed Monday after gaining 96.01 points to finish at […] Read more


Global Markets: European nations recognize Venezuela’s Guaido

By Commodity News Service Canada WINNIPEG, Feb. 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Nine European nations including France, Germany, and Britain, are now recognizing Venezuelan opposition leader Juan Guaido as the interim president of the South American country. The coordinated European move […] Read more

Global Markets: Feds may have overpaid for Trans Mountain pipeline By Commodity News Services Canada WINNIPEG, Feb. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A report from Canada’s Parliamentary Budget Office (PBO) released on Thursday stated the federal government may have overpaid for […] Read more


Global Markets: Alberta eases oil production restrictions

By Commodity News Services Canada WINNIPEG, Jan. 31 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – With the price differential between Western Canadian Select crude oil and the benchmark West Texas Intermediate crude oil at less than US$9 per barrel, the Province of Alberta announced […] Read more

Canadian Financial Close: Loonie rises with TSX

By Commodity News Service Canada WINNIPEG, Jan. 30 (CNS Canada) – The Canadian dollar was up at market close Wednesday with the Toronto Stock Exchange. The dollar finished the day at US$0.7580 or US$1=C$1.3292, which compares with Tuesday’s close of US$0.7538 or C$1.3266. The S&P/TSX Composite Index closed Wednesday with a gain of 21.41 points […] Read more


Global Markets: Trump renews border wall demand in tweet

By Commodity News Services Canada WINNIPEG, Jan. 30 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump renewed his demand for funding of a wall along the U.S./Mexican border. In a tweet Wednesday morning Trump said a bipartisan committee on border […] Read more

Global Markets: U.S. takes action against Venezuela, China

By Commodity News Services Canada WINNIPEG, Jan. 29 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States imposed sanctions on Venezuelan oil company PDVSA and froze US$7 billion in Venezuelan assets on Monday afternoon. This is the latest move the U.S. has taken […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG – The Canadian dollar was weaker Monday morning, seeing a modest correction to start the week after strengthening sharply on Friday. At 8:50 CST Friday morning the Canadian dollar was at US$0.7529 or C$1.3282 which compares with Friday’s North American close of US$0.7544 or C$1.3256. Renewed uncertainty over the […] Read more

Global Markets: Ambassador to China resigns post over comments

By Commodity News Services Canada WINNIPEG, Jan. 28 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Ambassador to China John McCallum was forced to resign over the weekend following comments he made about Huawei executive Meng Wanzhou. Meng is under house arrest in Vancouver […] Read more