Global markets

By Commodity News Service Canada WINNIPEG, July 13 – The following is a glance at the news moving markets globally. JAPAN EXPECTS WEAKER CONSUMER PRICES The Japanese government lowered its expectations for consumer prices in the current fiscal year, according to reports on Wednesday. Japan’s consumer prices are expected to reach 0.4 per cent, which

By Commodity News Service Canada WINNIPEG, July 12 – The following is a glance at the news moving markets globally. OPEC RELEASES MONTHLY REPORT, OUTLINES SUPPLY AND DEMAND OPEC (Organization of the Petroleum Exporting Countries) released its monthly report on Tuesday. The organization expects crude oil supplies to tighten into 2017, as increased demand chips

By Commodity News Service Canada WINNIPEG, July 11 – The following is a glance at the news moving markets globally. CHINA’S ECONOMY LIKELY TO FALL SHORT IN SECOND QUARTER Weakness in the industrial sector and minimal support from the financial sector are likely to cause sluggish growth in China’s economy, according to reports on Monday.

By Commodity News Service Canada WINNIPEG, July 8 (CNS Canada) – The following is a glance at the news moving markets globally. CANADA LOSES 700 JOBS WHEN GAINS EXPECTED Canada lost a net 700 jobs in June, according to Statistics Canada. Expectations were for a gain of 5,000 jobs, according to analysts. However, the national

By Commodity News Service Canada WINNIPEG, July 7 – The following is a glance at the news moving markets globally. BUILDING PERMITS WANE Building permits issued by Canadian municipalities fell 1.9 per cent in May. According to the Federal government, the permits were worth C$6.8 billion. The value of non-residential permits dropped 3.3 per cent

By Commodity News Service Canada WINNIPEG, July 6 – The following is a glance at the news moving markets globally. CANADIAN EXPORTS DROP IN MAY Canada’s exports fell 0.7 per cent to C$41.1 billion in May. Export volumes declined 2.3 per cent and prices were up 1.6 per cent. Imports decreased 0.8 per cent to

By Commodity News Service Canada WINNIPEG, July 5 – The following is a glance at the news moving markets globally. CHINA’S 2015 GDP REVISED HIGHER The value of China’s 2015 gross domestic product has been revised upward by 1.3 per cent, according to reports on Tuesday. Increased research and development spending was factored into the

By Commodity News Service Canada WINNIPEG, June 30 – The following is a glance at the news moving markets globally. CANADA’S REAL GROSS DOMESTIC PRODUCT UP After decreasing in February and March, real gross domestic product edged up 0.1 per cent in April. Widespread gains, notably in manufacturing, utilities and the public sector, were largely

By Commodity News Service Canada WINNIPEG, June 29 – The following is a glance at the news moving markets globally. US CONSUMER SPENDING UP US consumer spending gained in May, according to reports out of the country on Wednesday. May marks the second consecutive month of increased consumer spending. Market watchers say higher demand for

By Commodity News Service Canada WINNIPEG, June 28 – The following is a glance at the news moving markets globally. US FIRST-QUARTER GDP BETTER THAN EXPECTED Economic growth in the US was revised upward on Tuesday. Gross domestic product increased at a 1.1 per cent annual rate in the first quarter, compared with a previously