Global markets: Belgium holds up trade deal

By Commodity News Service Canada WINNIPEG, October 24 – The following is a glance at the news moving markets globally. BELGIUM’S PRIME MINISTER CANNOT UNBLOCK TRADE DEAL Belgian officials are unable to sign a EU-Canada trade deal, as regional authorities have been unable to reach an agreement, analysts say. Canadian and Belgian officials were expected

Global markets: US jobless claims increase

By Commodity News Service Canada WINNIPEG, October 20 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS GAIN US jobless claims in the week ending October 15 increased 13,000 to a seasonally adjusted 260,000, according to reports out of the country on Thursday. Analysts say the increases were, in


Global markets: US housing starts drop sharply

By Commodity News Service Canada WINNIPEG, October 19 – The following is a glance at the news moving markets globally. US HOUSING STARTS LOWER IN SEPTEMBER US housing starts fell to a one-and-a-half-year low in September, according to reports out of the country on Wednesday. However, activity is expected to increase in coming months as

Global markets: US consumer prices up

By Commodity News Service Canada WINNIPEG, October 18 – The following is a glance at the news moving markets globally. US CONSUMER PRICES RISE IN SEPTEMBER The US Consumer Price Index gained 0.3 per cent in September, following a 0.2 per cent increase in August, the country’s labour department said on Tuesday. Higher gasoline and


Global markets: Euro zone consumer prices rise

By Commodity News Service Canada WINNIPEG, October 17 – The following is a glance at the news moving markets globally. EURO ZONE INFLATION UP Euro zone consumer prices gained 0.4 per cent on the month in September, and 0.4 per cent from year-ago levels, according to data out of the region on Monday. Higher costs



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 13 – The Canadian dollar gained against its US counterpart in early activity on Thursday, as the greenback ran out of steam following recent advances. A slight recovery in crude oil prices added to the loonie’s gains. At 8:52 CDT Thursday, the Canadian dollar was at US$0.7546 or

Global markets: Chinese trade data pressures markets

By Commodity News Service Canada WINNIPEG, October 13 – The following is a glance at the news moving markets globally. CHINA’S TRADE DATA DISAPPOINTS China’s exports dropped 10 per cent from year-ago levels in September, according to reports out of the country on Thursday. Imports were also sluggish during the month, market watchers say. The


Global markets: OPEC expects bigger carryout in 2017

By Commodity News Service Canada WINNIPEG, October 12 – The following is a glance at the news moving markets globally. OPEC OIL PRODUCTION RISES IN SEPTEMBER OPEC production of crude oil increased to an eight-year-high in September, an OPEC (Organization of the Petroleum Exporting Countries) report said. The organization also expects non-OPEC next year’s supplies

Global Markets: WHO calls for sugar tax

WINNIPEG, Oct. 11 (CNS Canada) – The following is a glance at the news moving markets globally. US FEDERAL RESERVE TO RELEASE SEPTEMBER MINUTES The US Federal Reserve will release the minutes of its September meeting on Wednesday, October 12. Investors will be reading the minutes closely for signs of future moves. US ELECTION TURMOIL