Global markets: Iran’s oil production up from July

By Commodity News Service Canada WINNIPEG, September 9 – The following is a glance at the news moving markets globally. IRANIAN OIL PRODUCTION UP BUT STEADY IN AUGUST Iran reportedly produced 3.63 million barrels of oil per day in August, according to media reports out of the country. That number is a 10,000 barrel per

Global markets: US jobless claims drop

By Commodity News Service Canada WINNIPEG, September 8 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DECLINE US jobless claims in the week ending September 3 dropped 4,000 to a seasonally adjusted 259,000, according to reports out of the country. That level is the lowest since July, and


Global markets: German output falls with sluggish export markets

By Commodity News Service Canada WINNIPEG, September 7 – The following is a glance at the news moving markets globally. GERMAN OUTPUT FALLS TO A TWO-YEAR-LOW German output industrial production dropped the most in 23 months in July, according to reports on Wednesday. Slower global export markets contributed to the declines, analysts say. INDIA’S EXPORTS

Global markets: G20 discussions end with growth agenda

By Commodity News Service Canada WINNIPEG, September 6 – The following is a glance at the news moving markets globally. G20 ENDS WITH GROWTH OUTLOOK, CRITICS SAY SUBSTANCE LACKING G20 leaders met in Hangzhou, China on September 4 and 5, and ended with officials saying they will foster international economic cooperation, and strong, inclusive growth,


Global markets: G20 discussions to start this weekend

By Commodity News Service Canada WINNIPEG, September 2 – The following is a glance at the news moving markets globally. G20 TALKS START IN CHINA China will be hosting G20 for the first time this weekend, and world leaders are expected to meet to discuss foreign affairs. Canadian Prime Minister Justin Trudeau, US President Barack

Global markets: US labour costs up in Q2

By Commodity News Service Canada WINNIPEG, September 1 – The following is a glance at the news moving markets globally. US LABOUR COSTS RISE American labour costs gained at a 4.3 per cent annual rate in the second-quarter, reports say. CANADIAN EXPENDITURE IN OIL, GAS INDUSTRIES DOWN IN Q2 Capital expenditures for the oil and



Global markets: Canada’s current account deficit widens

By Commodity News Service Canada WINNIPEG, August 30 – The following is a glance at the news moving markets globally. CANADIAN CURRENT ACCOUNT DEFICIT GROWS IN Q2 Canada’s current account deficit (on a seasonally adjusted basis) increased C$3.3 billion in the second quarter to C$19.9 billion, as the trade in goods deficit continued to widen,


Global markets: Germany’s trade forecast revised lower

By Commodity News Service Canada WINNIPEG, August 29 – The following is a glance at the news moving markets globally. GERMANY EXPECTED TO SLOW EXPORTS German export activity is expected to slow throughout 2016, according to reports on Monday. The country’s trade association lowered its 2016 export forecast to between 1.8 and two per cent,

Global markets: US GDP growth slower in second-quarter

By Commodity News Service Canada WINNIPEG, August 26 – The following is a glance at the news moving markets globally. US GDP GROWTH SLIGHTLY SLOWER IN THE SECOND-QUARTER US gross domestic product expanded at a 1.1 per cent annual rate in the second-quarter, according to data out of the country on Friday. Analysts had expected