Global markets

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

By Commodity News Service Canada WINNIPEG, June 3 – The following is a glance at the news moving markets globally. US ECONOMIC JOB GROWTH FALLS TO FIVE-YEAR-LOW The US economy created the lowest number of jobs in more than five years in May, according to reports out of the country on Friday. A strike from

By Commodity News Service Canada WINNIPEG, June 2 – The following is a glance at the news moving markets globally. WORLD FOOD IMPORTS EXPECTED TO DROP ON THE YEAR This year’s global food import bill is expected to fall to a seven-year-low, according to reports on Thursday. The world’s imports have increased, market watchers say,

By Commodity News Service Canada WINNIPEG, June 1 – The following is a glance at the news moving markets globally. UK MANUFACTURING EDGES UP Manufacturing in the United Kingdom was slightly higher in May, according to reports on Monday. The Markit/CIPS UK Manufacturing purchasing managers’ index edged up slightly to 50.1 in May, compared with

By Commodity News Service Canada WINNIPEG, May 31 – The following is a glance at the news moving markets globally. US CONSUMER SPENDING SEES BOOST US consumer spending gained one per cent in April, which is the biggest gain in six years, according to reports out of the country on Tuesday. EU JOBLESS RATE AT

By Commodity News Service Canada WINNIPEG, May 27 – The following is a glance at the news moving markets globally. US FIRST-QUARTER GDP REVISED UPWARD The US economy gained more than previously thought in the first-quarter, according to reports out of the country on Friday. US gross domestic product was revised upward from 0.5 per

By Commodity News Service Canada WINNIPEG, May 26 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN ON THE WEEK US jobless claims in the week ended May 10 were down 10,000 to sit at a seasonally adjusted 268,000, data from the country’s labour department says. The reduction

By Commodity News Service Canada WINNIPEG, May 24 – The following is a glance at the news moving markets globally. FED OFFICIAL SAYS ECONOMY COULD SUPPORT RATE HIKE John Williams, president of the Federal Reserve Bank of San Francisco, said the US economy could withstand an interest rate hike, according to reports on Tuesday. Williams

By Commodity News Service Canada WINNIPEG, May 20 – The following is a glance at the news moving markets globally. CANADA’S CONSUMER PRICE INDEX GAINS Canada’s Consumer Price Index rose 1.7 per cent in April, compared with a year ago, Statistics Canada said in a report on Friday. According to StatsCan, excluding gasoline, the CPI

By Commodity News Service Canada WINNIPEG, May 19 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS DOWN WEEK-ON-WEEK Initial US jobless claims for state unemployment benefits in the week ended May 14 dropped 16,000 to a seasonally adjusted 278,000, according to data from the country’s labour department. The