Global markets

By Commodity News Service Canada WINNIPEG, August 11 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS MOVE LOWER US jobless claims in the week ending August 6 dropped 1,000 to 266,000, according to data out of the country on Thursday. Claims have been below 300,000 for 75 consecutive

By Commodity News Service Canada WINNIPEG, August 10 – The following is a glance at the news moving markets globally. WORLD STOCKS HIT FRESH HIGHS World stocks have hit a new one-year-high, according to reports on Wednesday. The US dollar dropped against a bundle of currencies on Wednesday, as weaker productivity data curbed market expectations

By Commodity News Service Canada WINNIPEG, August 9 – The following is a glance at the news moving markets globally. CANADIAN CRUDE OIL PRODUCTION DROPS IN MAY Canada produced 14.7 million cubic metres (92.8 million barrels) of crude oil and equivalent products in May, down 11.6 per cent compared with the same month in 2015,

By Commodity News Service Canada WINNIPEG, August 8 – The following is a glance at the news moving markets globally. CANADIAN BUILDING PERMITS DROP IN JUNE Municipalities issued building permits worth C$6.4 billion in June, down 5.5 per cent from the previous month. Lower construction intentions for multi-family dwellings and institutional buildings were mostly responsible

By Commodity News Service Canada WINNIPEG, August 5 (CNS Canada) – The following is a glance at the news moving markets globally. CANADA LOSES 31,200 JOBS IN JULY The Canadian labour market unexpectedly lost 31,200 net jobs in July, according to Statistics Canada. It is the biggest monthly drop in full-time work in nearly five

By Commodity News Service Canada WINNIPEG, August 4 (CNS Canada) – The following is a glance at the news moving markets globally. BANK OF ENGLAND CUTS BENCHMARK INTEREST RATE TO NEW LOW The Bank of England cut its main interest rate to 0.25 per cent from 0.5 per cent on Thursday, marking a new low

By Commodity News Service Canada WINNIPEG, Aug 3 (CNS Canada) – The following is a glance at the news moving markets globally. STERLING SEEN HITTING THREE-DECADE LOW POST-BREXIT The decline of Britain’s pound against the US dollar is far from over, according to a Reuters poll on Wednesday. In the five weeks since Britain voted

By Commodity News Service Canada WINNIPEG, August 2 (CNS Canada) – The following is a glance at the news moving markets globally. US CONSUMER SPENDING RISES IN JUNE Consumer spending in the US increased for the third straight month in June, rising 0.4 per cent, according to the US Commerce Department. Household spending accounts for

By Commodity News Service Canada WINNIPEG, July 29 – The following is a glance at the news moving markets globally. CANADIAN ECONOMY SEES BIGGEST DROP SINCE 2009 Real gross domestic product (GDP) fell 0.6 per cent in May, the largest monthly decline since March 2009, Statistics Canada said in a report on Friday. The decrease

By Commodity News Service Canada WINNIPEG, July 28 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS INCREASE US jobless claims for the week ending July 23 increased by 14,000 to a seasonally adjusted 266,000, according to data out of the country on Thursday. Claims for the previous week