Global markets

By Commodity News Service Canada WINNIPEG, February 8 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Wednesday, pressured by high US supplies and lower demand from China. Analysts say the market may still be oversupplied, despite a production cut from OPEC (Organization

By Commodity News Service Canada WINNIPEG, February 7 – The following is a glance at the news moving markets globally. – Canada’s merchandise trade balance with the world recorded its second consecutive monthly surplus, narrowing from a revised C$1.0 billion in November to C$923 million in December. Exports were up 0.8 per cent on the

By Commodity News Service Canada WINNIPEG, February 6 – The following is a glance at the news moving markets globally. – US crude oil futures advanced to an 18-month-high in early activity on Monday. The market was propped up by strong demand from India and China. – Indonesia’s economy grew less than expected in the

By Commodity News Service Canada WINNIPEG, February 3 – The following is a glance at the news moving markets globally. – US job growth advanced more than expected in January, according to reports out of the country on Friday. Nonfarm payrolls increased by 227,000 jobs last month, which is the biggest advance in four months,

By Commodity News Service Canada WINNIPEG, February 2 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending January 28 dropped 14,000 to a seasonally adjusted 246,000, according to reports out of the country on Thursday. Claims were below analyst expectations, which could provide support

By Commodity News Service Canada WINNIPEG, Feb. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The US private sector added 246,000 jobs in January, according to the ADP National Employment Report. The job growth far surpassed the top end of economists’ expectations, and sets

By Commodity News Service Canada WINNIPEG, Jan. 31 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s real gross domestic product increased by 0.4 per cent in November, following a 0.2 per cent decline the previous month, reported Statistics Canada. Gains in manufacturing, construction, and

By Commodity News Service Canada WINNIPEG, January 30 – The following is a glance at the news moving markets globally. – US consumer spending was higher in December, propped up in part by higher motor vehicle sales. Last month US consumer spending rose by 0.5 per cent after a 0.2 per cent increase in November,

By Commodity News Service Canada WINNIPEG, MB, January 27, 2017 (CNS Canada) – The following is a glance at the news moving markets globally. – Weaker exports caused US economic growth to slow in the fourth quarter, notching a 1.9 per cent growth at an annual rate, which compares with the third quarter when growth

By Commodity News Service Canada WINNIPEG, January 26 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending January 21 increased by 22,000 to a seasonally adjusted 259,000, according to reports out of the country on Thursday. Market watchers say the Martin Luther King Jr.