Global markets: OECD expects global growth to pick up

By Commodity News Service Canada WINNIPEG, November 28 – The following is a glance at the news moving markets globally. – The Organization for Economic Co-operation and Development (OECD) expects global growth to pick up in 2017, but left its outlook for the Canadian economy unchanged. The OECD expects global growth to increase to an

Global markets: Hope that OPEC will cap production dwindles

By Commodity News Service Canada WINNIPEG, MB, November 25, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity, with ideas that OPEC (Organization of the Petroleum Exporting Countries) producers will not be able to agree on a production cap at their


Global markets: Canadian payroll earnings edge down slightly

By Commodity News Service Canada WINNIPEG, November 24 – The following is a glance at the news moving markets globally. – Average weekly earnings of non-farm payroll employees were C$957 in September, virtually unchanged from the previous month, down 0.1 per cent, and up 0.4 per cent from 12 months earlier. In general, the change

Global markets: US jobless claims higher

By Commodity News Service Canada WINNIPEG, November 23 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending November 19 increased by 18,000 to a seasonally adjusted 251,000, data out of the country said on Wednesday. Market watchers are looking to labour force data for


Global markets: Canadian retail sales higher

By Commodity News Service Canada WINNIPEG, November 22 – The following is a glance at the news moving markets globally. – Following four months of little change, Canada’s retail sales rose 0.6 per cent to C$44.4 billion in September on the strength of higher sales at motor vehicle and parts dealers, Statistics Canada said in

Global markets: Crude oil gains ahead of OPEC meeting

By Commodity News Service Canada WINNIPEG, November 21 – The following is a glance at the news moving markets globally. – Crude oil futures moved to a three-week-high in early activity on Monday, propped up by ideas that OPEC (Organization of the Petroleum Exporting Countries) members will be able to reach an output agreement ahead


Global markets: Canadian consumer prices rise

By Commodity News Service Canada WINNIPEG, November 18 – The following is a glance at the news moving markets globally. – The Canadian Consumer Price Index (CPI) rose 1.5 per cent on a year-over-year basis in October, following a 1.3 per cent gain in September, Statistics Canada said in a report on Friday. Excluding gasoline,

Global markets: US consumer prices rise

By Commodity News Service Canada WINNIPEG, November 17 – The following is a glance at the news moving markets globally. – US consumer prices saw their biggest increase in six-months in October, according to reports out of the country on Thursday. The US Consumer Price Index gained 0.4 per cent in October, after a 0.3


Global markets: Volumes fall in CDN manufacturing sales

By Commodity News Service Canada WINNIPEG, November 16 – The following is a glance at the news moving markets globally. – Manufacturing sales rose for the fourth consecutive month, up 0.3 per cent to C$51.5 billion in September. The gain reflected higher sales in the transportation equipment and fabricated metal industries, Statistics Canada said in

Global markets: Italian, German economies grow

By Commodity News Service Canada WINNIPEG, November 15 – The following is a glance at the news moving markets globally. – The Italian economy advanced 0.3 per cent in the third quarter, according to reports out of the country on Tuesday. Market watchers say the gains may have been led by increased domestic spending. Germany’s