Global markets

By Commodity News Service Canada WINNIPEG, April 12 – The following is a glance at the news moving markets globally. – Global trade is expected to advance 2.4 per cent in 2017, a recent projection from the World Trade Organization (WTO) said on Wednesday. The WTO’s report noted a high level of economic and policy

By Commodity News Service Canada WINNIPEG, April 11 – The following is a glance at the news moving markets globally. – Crude oil futures dropped in early activity on Tuesday, pressured by increased shale oil production in the US, reports say. Crude oil prices had risen to a five-week-high in earlier sessions, underpinned by uncertainty

By Commodity News Service Canada WINNIPEG, April 10 – The following is a glance at the news moving markets globally. – Market watchers are waiting for several key pieces of information this week. The Bank of Canada is set to release its latest monetary policy report and interest rate decision on Wednesday, which will sway

By Commodity News Service Canada WINNIPEG, April 7 – The following is a glance at the news moving markets globally. – Crude oil futures advanced to a one month high after the US fired missiles at a Syrian airbase. The news brought on speculation that conflict could worsen in Syria, which is oil-rich. Syria does

By Commodity News Service Canada WINNIPEG, April 6 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending April 1 fell 25,000 to a seasonally adjusted 234,000—the biggest drop in two years, the country’s labour department said. Claims have been below 300,000 for 109 consecutive

By Commodity News Service Canada WINNIPEG, April 5 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Wednesday, moving near a one-month-high. The market was underpinned by data showing America’s crude inventories were lower-than-expected. The country’s crude supplies dropped 1.8 million barrels last

By Commodity News Service Canada WINNIPEG, April 4, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – The American trade deficit dropped more than anticipated in February, according to reports out of the country on Tuesday. The US trade gap fell 9.6 per cent to US$43.6 billion, the

By Commodity News Service Canada WINNIPEG, April 3, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Factories in Europe and Asia saw solid growth in March, according to a report on Monday. China’s manufacturing index advanced at its fastest pace in close to five years, analysts say,

By Commodity News Service Canada WINNIPEG, March 31 – The following is a glance at the news moving markets globally. – Canada’s gross domestic product grew 0.6 per cent in January on the strength of widespread growth across both goods- and service-producing industries. With the exception of October, gross domestic product has risen every month

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar was stronger against its US counterpart in early activity on Thursday. The commodity-linked loonie was underpinned by advances in the crude oil market. Crude gained with reports of smaller inventories than expected and lower production in key areas. At 8:45 CDT Thursday, the