Global markets: OPEC nations struggle to meet production cuts

By Commodity News Service Canada July 13 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Members of the Organization of the Petroleum Exporting Countries (OPEC) were unable to meet agreed upon production cuts in June, said the International Energy Agency. OPEC nations’ compliance with production

Global markets: Trump Jr. in the hotseat

By Commodity News Service Canada July 12 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump defending his oldest son Donald Trump Jr. today, after the younger Trump released emails showing he sought Russian help to provide damaging information on Hillary


Global markets: Russian election tampering allegations widen

By Commodity News Service Canada July 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Russian lawyer Natalia Veselnitskaya, who met with Donald Trump Jr. during the 2016 U.S. presidential campaign, denied having damaging information on former Democratic candidate Hillary Clinton. The New York Times

Global markets: Crude futures fall

By Commodity News Service Canada WINNIPEG, July 10 – The following is a glance at the news moving markets globally. – Crude oil futures dropped in early activity on Monday, feeling pressure from increased drilling in the US and reports of increased supplies. However, reports said Libya and Nigeria may join an OPEC and non-OPEC


Global Markets: Solid North American Jobs Data

By Commodity News Service Canada WINNIPEG, July 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – US nonfarm payrolls increased by 222,000 jobs in June, according to a report from the US Labor Department. The employment growth beat expectations and was seen as a sign

Global Markets: Canada’s trade deficit grows

By Commodity News Service Canada July 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s merchandise trade deficit reached C$1.1 billion in May, up from C$552 million in April. Canada’s trade activity has been strong recently, with imports and exports reaching record highs for


Global Markets: Merkel criticizes Trump ahead of G20

By Commodity News Service Canada July 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – All cars launched after 2019 from Chinese-owned Volvo will be electric or hybrids, the company announced today. Volvo becomes the first conventional auto maker to schedule a phase-out for vehicles

Global Markets: Federal transport plans call for proposals

By Commodity News Service Canada July 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – North Korea says it has successfully tested its first intercontinental missile causing tension in the region and rebukes from the United States. China called for restraint from all parties. –