Global markets

By Commodity News Service Canada WINNIPEG, July 27 – The following is a glance at the news moving markets globally. BRITAIN’S ECONOMY GREW IN SECOND-QUARTER, ESTIMATES SAY Britain’s economy grew in the second-quarter (April to June), data said on Wednesday. The British economy expanded 0.6 per cent in the second-quarter, on an annualized rate of

By Commodity News Service Canada WINNIPEG, July 26 – The following is a glance at the news moving markets globally. US FARM FINANCIAL ASSISTANCE PROGRAM RUNS OUT OF CASH An American farm loan program has run out of funds due to the high volume of requests for financial assistance, according to reports on Tuesday. The

By Commodity News Service Canada WINNIPEG, July 25 – The following is a glance at the news moving markets globally. JAPAN’S EXPORTS DROP FOR ANOTHER CONSECUTIVE MONTH Japan’s exports dropped in June, marking the ninth consecutive month of declines, according to reports on Monday. Overseas shipments dropped 7.4 per cent in June, compared with year-ago

By Commodity News Service Canada WINNIPEG, July 22 – The following is a glance at the news moving markets globally. CANADA’S ANNUAL INFLATION STEADY The Consumer Price Index (CPI) rose 1.5 per cent in the 12 months to June, matching the gain in May, Statistics Canada said in a report on Friday. Excluding gasoline, the

By Commodity News Service Canada WINNIPEG, July 21 – The following is a glance at the news moving markets globally. CANADA’S WHOLESALE SALES UP Wholesale sales rose 1.8 per cent to C$55.9 billion in May. Gains were recorded in six of seven subsectors, accounting for 88 per cent of total wholesale sales, and were led

By Commodity News Service Canada WINNIPEG, July 20 – The following is a glance at the news moving markets globally. BREXIT HASN’T CAUSED ECONOMIC SLOWDOWN YET The economic effects of Britain’s decision to leave the European Union have not yet been seen, the Bank of England said. According to the BoE, there is no clear

By Commodity News Service Canada WINNIPEG, July 19 – The following is a glance at the news moving markets globally. MONSTANTO REJECTS OFFER, LEAVES DOOR OPEN Monsanto Company has rejected a bid from Bayer AG, citing financial inadequacy, according to reports on Tuesday. However, the company says it is open to further talks, with Bayer,

By Commodity News Service Canada WINNIPEG, July 14 – The following is a glance at the news moving markets globally. CANADA’S RETAIL SALES UP FROM YEAR-AGO LEVELS Retail sales totalled C$113.6 billion in the first quarter, up 5.4 per cent from the same quarter of 2015. Higher sales were reported in nine of the 10

By Commodity News Service Canada WINNIPEG, July 14 – The following is a glance at the news moving markets globally. BANK OF ENGLAND HOLDS INTEREST RATES STEADY The Bank of England left interest rates unchanged on Thursday, surprising many market watchers, who had expected a cut in light of economic turbulence from Britain’s decision to

By Commodity News Service Canada WINNIPEG, July 13 (CNS Canada) The Canadian dollar weakened slightly against its US counterpart Wednesday morning after investors pushed the S&P 500 and the Dow to record highs, weighing on the loonie. Easing political tension in Japan and Britain continue to reduce uncertainty in global markets. Investors are also increasingly