Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 6 – The Canadian dollar was slightly weaker against its US counterpart on Thursday, as the greenback was propped up by strong domestic data. US jobless claims in the week ending October 1 were down 5,000 at a seasonally adjusted 249,000, which is close to a 43-year-low. However,

Global markets: US jobless claims reach fresh lows

By Commodity News Service Canada WINNIPEG, October 6 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DECLINE US jobless claims dropped near a 43-year-low in the week ending October 1, according to data out of the country on Thursday. Last week, claims for unemployment benefits fell 5,000 to


Global markets: US private employers hire at a slower rate

By Commodity News Service Canada WINNIPEG, October 5 – The following is a glance at the news moving markets globally. US PRIVATE EMPLOYMENT BELOW MONTH-AGO NUMBERS The US private employment sector added 154,000 jobs in September, according to reports out of the country. August’s private employment numbers were revised down to 175,000, compared with a

Global markets: US apartment vacancy rate holds steady

By Commodity News Service Canada WINNIPEG, October 4 – The following is a glance at the news moving markets globally. US APARTMENT VACANCY RATE STAYS UNCHANGED The American apartment vacancy rate held steady from the second quarter to the third, according to reports out of the country on Tuesday. The vacancy rate held steady at


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, MB, October 3, 2016 (CNS Canada) – The Canadian dollar was mostly unchanged against its US counterpart on Monday. Strength in the US dollar pressured the loonie, but the commodity-linked currency was underpinned by advances in crude oil, which limited declines. At 9:00 CDT Monday, the Canadian dollar was

Global markets: Euro zone manufacturing activity rises

By Commodity News Service Canada WINNIPEG, October 3 – The following is a glance at the news moving markets globally. EURO ZONE MANUFACTURING ACTIVITY UP Manufacturing activity in the euro zone increased in September, according to reports out of the country on Monday. Strong demand in Germany helped push up activity, market watchers say. However,


Global markets: Canada’s GDP strengthens in July

By Commodity News Service Canada WINNIPEG, September 30 – The following is a glance at the news moving markets globally. CANADIAN GDP UP IN JULY Real gross domestic product grew 0.5 per cent in July, led by higher output in the mining, quarrying, and oil and gas extraction sector. The rise in July followed a

Global markets: US Q2 economic growth upwardly revised

By Commodity News Service Canada WINNIPEG, September 29 – The following is a glance at the news moving markets globally. US GROWTH FASTER THAN PREVIOUSLY THOUGHT Economic growth in the US moved at a faster pace than previously thought in the second quarter, according to reports out of the country. Second quarter gross domestic product


Global markets: Chinese analysts expect slower growth in Q4

By Commodity News Service Canada WINNIPEG, September 28 – The following is a glance at the news moving markets globally. CHINESE GROWTH EXPECTED TO SLOW SLIGHTLY IN FOURTH QUARTER The Chinese Academy of Social Sciences (CASS) expects the country’s growth to reach an annual 6.6 per cent in the fourth quarter, according to reports on

Global markets: World Trade Organization cuts growth outlook

By Commodity News Service Canada WINNIPEG, September 27 – The following is a glance at the news moving markets globally. WTO LOWERS GLOBAL GROWTH OUTLOOK The World Trade Organization has lowered its outlook for global growth in 2016, according to reports on Tuesday. The estimate for global growth has been downwardly revised to 1.7 per