Global markets

By Commodity News Service Canada WINNIPEG, May 1 – The following is a glance at the news moving markets globally. – US consumer spending held steady in March, according to reports out of the country on Monday. Analysts has expected a 0.2 per cent increase. – Canada’s real gross domestic product (GDP) by industry increased

By Commodity News Service Canada WINNIPEG, April 28 – The following is a glance at the news moving markets globally. – America’s economy advanced in the first quarter, according to reports out of the country on Friday, but at its slowest pace in three years. US gross domestic product was up 0.7 per cent in

WINNIPEG, April 27 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 22 were above analyst-expectations, according to reports out of the country, but still indicate a healthy labour force. Claims were up by 14,000 last week, to a seasonally adjusted 257,000, the

By Commodity News Service Canada WINNIPEG, April 25 – The following is a glance at the news moving markets globally. – US officials have said the country will be taking retaliatory action against Canada, moving to impose a 20 per cent tariff on softwood lumber, reports say. The tariff, if imposed, is expected to be

By Commodity News Service Canada WINNIPEG, April 24 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, in recovery-based trade after last week’s losses. OPEC (Organization of the Petroleum Exporting Countries) members are discussing a production cut extension, which added to the

By Commodity News Service Canada WINNIPEG, April 21 – The following is a glance at the news moving markets globally. – Statistics Canada released its principal field crop area report on Friday. Canadian farmers expect to plant more canola, soybeans and oats in 2017, but fewer acres of durum wheat and lentils, crops that were

By Commodity News Service Canada WINNIPEG, April 19 – The following is a glance at the news moving markets globally. – The global economy is expected to grow at a faster pace in 2017, reports say. Estimates from the International Monetary Fund peg the global economy’s growth at 3.5 per cent this year, which is

By Commodity News Service Canada WINNIPEG, April 18, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – US housing starts dropped in April, the country’s commerce department said on Tuesday, notching the biggest decline in three years. US housing starts fell 6.8 per cent to a seasonally adjusted

By Commodity News Service Canada WINNIPEG, April 17 – The following is a glance at the news moving markets globally. – China’s economy grew at its fastest rate in more than a year in the first quarter, according to reports on Monday. From January to March 2017, the country’s economy advanced 6.9 per cent. Market

By Commodity News Service Canada WINNIPEG, April 13 – The following is a glance at the news moving markets globally. – Statistics Canada released a bundle of domestic data on Thursday, ahead of the Good Friday holiday. The New Housing Price Index (NHPI) rose 0.4 per cent in February compared with the previous month. Ontario