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

Global markets: US jobless claims up on the week

By Commodity News Service Canada WINNIPEG, June 16 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS UP, LABOUR MARKET REMAINS HEALTHY US jobless claims in the week ended June 11 increased by 13,000 to a seasonally adjusted 277,000, according to data from the country’s labour department on Thursday.





Global markets: Canada’s foreign asset position softens in Q1

By Commodity News Service Canada WINNIPEG, June 13 – The following is a glance at the news moving markets globally. CANADA’S FOREIGN ASSET POSITION DOWN IN FIRST-QUARTER After six quarters of gains, Canada’s net foreign asset position decreased by C$220.2 billion in the first quarter to C$264.8 billion. This decline more than offset the C$201.7

Global markets: Canada’s labour force adds jobs

By Commodity News Service Canada WINNIPEG, June 10 – The following is a glance at the news moving markets globally. CANADA’S LABOUR FORCE GAINS, JOBLESS RATE DROPS Canada’s employment moved up 0.1 per cent in May, adding 14,000 jobs, according to Statistics Canada data. With fewer people searching for work, the unemployment rate declined 0.2



Global markets: OECD sees economic improvement in US, China

By Commodity News Service Canada WINNIPEG, June 8 – The following is a glance at the news moving markets globally. ECONOMIC DOWNTURN IN US, CHINA MAY HAVE REACHED BOTTOM Economic downturns in the US and China may have reached their bottoms, according to data from the Organization for Economic Cooperation and Development (OECD). The OECD’s


Global markets: US productivity weakens in first-quarter

By Commodity News Service Canada WINNIPEG, June 7 – The following is a glance at the news moving markets globally. US PRODUCTIVITY CONTRACTS IN FIRST-QUARTER Productivity decreased 0.6 per cent in the nonfarm business sector in the first-quarter of 2016, the United States Department of Labor said in a report on Tuesday. But at the

Global markets: Yellen to discuss upcoming rate hike

By Commodity News Service Canada WINNIPEG, June 6 – The following is a glance at the news moving markets globally. YELLEN EXPECTED TO TALK JOB DATA, INTEREST RATE CUTS US Federal Reserve president, Janet Yellen, will be speaking to the World Affairs Council of Philadelphia on Monday. Many analysts had expected an upcoming interest rate