Global markets: British consumer spending falls

By Commodity News Service Canada WINNIPEG, June 12 – The following is a glance at the news moving markets globally. – Britain’s consumer spending dropped for the first time in four years in May, according to figures from financial services and credit card company Visa. That indicates consumers were cautious ahead of last week’s general

Global markets: UK Conservatives lose majority

By Commodity News Service Canada WINNIPEG, June 9 – The following is a glance at the news moving markets globally. – The Conservative party won the 2017 UK general election, but sacrificed the parliamentary majority leader Theresa May had previously held. The Labour party gained 31 seats, which introduced a sense of uncertainty, pressuring the


Global markets: UK general election in progress

By Commodity News Service Canada WINNIPEG, June 8 – The following is a glance at the news moving markets globally. – The UK is having its general election on Thursday. Conservative Theresa May is up against the Labour party’s Jeremy Corbyn. – Buyers of new homes in Canada saw prices rise 0.8 per cent in

Global markets: OECD expects stronger growth in 2017

By Commodity News Service Canada WINNIPEG, June 7 – The following is a glance at the news moving markets globally. – The world’s economy is expected to advance at the fastest pace in six years, according to the Organisation for Economic Co-operation and Development’s most recent economic outlook. The report, which was released on Wednesday,


Global Markets: Qatar tensions watched closely

By Commodity News Service Canada WINNIPEG, June 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Tensions between Qatar and a number of other nearby countries remained at the forefront of the financial markets on Tuesday following yesterday’s move by Saudi Arabia and others to

Global markets: US productivity holds steady

By Commodity News Service Canada WINNIPEG, MB, June 5, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – US productivity was steady in the first quarter, according to reports on Monday. Hourly output per hour was pegged at a 0.6 per cent annualized rate, reports say. – Crude


Global markets: US job growth slows

By Commodity News Service Canada WINNIPEG, June 2 – The following is a glance at the news moving markets globally. – US job growth was slower in May, according to reports on Friday. Nonfarm payrolls advanced 138,000 in May, while data from the previous two months was revised lower. Analysts say the data could indicate

Global markets: US private sector adds jobs

By Commodity News Service Canada WINNIPEG, June 1 – The following is a glance at the news moving markets globally. – The US private sector gained 253,000 jobs in May, according to reports out of the country on Thursday. That figure is higher than analysts had expected, however, the unemployment rate is likely to stay


Global markets: Canadian GDP advances in March

WINNIPEG, May 31 (CNS Canada) – The following is a glance at the news moving markets globally. – Canada’s gross domestic product increased in March, at a pace higher than analysts had expected, market watchers said on Wednesday. According to Statistics Canada, the country’s real gross domestic product (GDP) increased 0.5 per cent in March,

Global markets: US consumer spending strong in April

By Commodity News Service Canada WINNIPEG, May 30 – The following is a glance at the news moving markets globally. – US consumer spending increased the most in four months in April, according to reports out of the country on Tuesday. The US Commerce Department reported that consumer spending was up 0.4 per cent. Market