Global markets: US jobless claims, economy advance

By Commodity News Service Canada WINNIPEG, March 30 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending March 25 dropped 3,000 to a seasonally adjusted 258,000, data from the country’s labour department said on Thursday. That marks 108 consecutive weeks in which claims have

Global markets: Brexit talks underway

By Commodity News Service Canada WINNIPEG, March 29 – The following is a glance at the news moving markets globally. – British Prime Minister Theresa May launched Article 50, a step toward Brexit, according to reports on Wednesday. That indicates the start of two years of talks, ending with the UK leaving the EU by



Global markets: Crude drops in early activity

By Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures fell in early activity on Monday, pressured by ideas that the OPEC (Organization of the Petroleum Exporting Countries) production cap, which had supported values, may not be extended. Some


Global markets: TransCanada says pipeline has green light

By Commodity News Service Canada WINNIPEG, March 24 – The following is a glance at the news moving markets globally. – TransCanada announced that the US Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline, according to a media release issued by the company on Friday. The pipeline

Global Markets: US health care vote watched

By Commodity News Service Canada WINNIPEG, March 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The US House of Representatives is set to vote today on the ‘American Health Care Act,’ a bill that would begin the process of ending ‘Obamacare.’ The financial markets



Global markets: US current account deficit revisits lows

By Commodity News Service Canada WINNIPEG, March 21 – The following is a glance at the news moving markets globally. – America’s current account deficit dropped in the fourth-quarter, according to reports out of the country on Tuesday, falling to the lowest level in more than a year. The current account deficit declined 3.1 per


Global markets: G20 leaders drop protectionism stance

By Commodity News Service Canada WINNIPEG, March 20 – The following is a glance at the news moving markets globally. – G20 leaders moved to drop a no-protectionism pledge, according to a release issued on Saturday. The news follows 10 years of encouraging open trade. The G20 is comprised of 19 countries and the European

Global markets: US factory output rises

By Commodity News Service Canada WINNIPEG, March 17 – The following is a glance at the news moving markets globally. – American factory output was higher in February, marking the sixth consecutive month the sector has gained. In February, manufacturing production in the US was up 0.5 per cent, reports out of the country said.