By Commodity News Service Canada
WINNIPEG, May 23, 2018 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
The Dow Chemical Company will open its first new sales
centre in more than 20 years in Eastern Canada. The new
Toronto office will allow the company to become closer to
its customers and collaborate better as it gears up for
growth after its planned spin-off from DowDupoint Inc.
early next year.
United States President Donald Trump tweeted that the
comes to a trade deal with China. His tweet comes after the
two countries agreed to suspend plans to impose tariffs on
as much as US$200 billion in each other’s goods, pulling
back from the brink of a trade war.
According to a survey done by housing data provider
Zillow and research firm Pulsenomics LLC of 105 real estate
agents and economists, the next U.S. recession will begin
in 2020. Federal officials have signalled at least three
interest rate increases this year and according to survey
participants “monetary policy as the likeliest cause.”