Global markets: Canadian economy grows 0.1 per cent in April

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

Global markets: US consumer spending gains

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



Global markets: US trade gap widens

By Commodity News Service Canada WINNIPEG, June 27 – The following is a glance at the news moving markets globally. US IMPORTS UP, EXPORTS DROP The US trade gap in goods widened in May, according to reports out of the country on Monday. The advanced trade gap increased to a seasonally adjusted US$60.59 billion from


Global markets: Britain votes ‘leave’ in referendum

By Commodity News Service Canada WINNIPEG, June 24 – The following is a glance at the news moving markets globally. BREXIT NOW OFFICIAL Britain has voted to leave the European Union after a narrow race, according to reports on Friday. The results of the polling show a 52-48 per cent victory for the ‘leave’ campaign.

Global Markets: EU referendum vote results expected on Friday

By Commodity News Service Canada WINNIPEG, June 23 – The following is a glance at the news moving markets globally. ‘BREXIT’ POLLING UNDERWAY A referendum vote, which will determine whether or not Britain stays in the European Union, has started, and the results will become available early Friday morning. Advance polling indicates a tight race,


Global markets: Canada’s retail sales increase

By Commodity News Service Canada WINNIPEG, June 22 – The following is a glance at the news moving markets globally. CANADA’S RETAIL SALES GAIN IN APRIL Following a 0.8 per cent decline in March, retail sales rose 0.9 per cent to C$44.3 billion in April. Sales were up in 7 of 11 subsectors, representing 64

Global markets: China’s private manufacturing slows

By Commodity News Service Canada WINNIPEG, June 21 – The following is a glance at the news moving markets globally. CHINA’S PRIVATE-FIRMS ACTIVITY DROPS TO FOUR-MONTH-LOW An early survey which tracks China’s manufacturing showed a contraction in June, according to reports out of the country on Tuesday. The index dropped to a four-month-low, analysts say,


Global markets: Canada’s wholesale trade gains

By Commodity News Service Canada WINNIPEG, June 20 – The following is a glance at the news moving markets globally. CANADA’S WHOLESALE TRADE EDGES UP IN APRIL Wholesale sales edged up 0.1 per cent to C$54.8 billion in April, after two consecutive monthly declines. Gains were recorded in three of seven subsectors, led by the

Global markets: Canada’s annual inflation edges down

By Commodity News Service Canada WINNIPEG, June 17 – The following is a glance at the news moving markets globally. CANADA’S ANNUAL INFLATION SLIGHTLY DOWN IN MAY The Consumer Price Index (CPI) rose 1.5 per cent in the 12 months to May, after increasing 1.7 per cent in April, Statistics Canada said in a report