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Canadian Financial Close: Dollar down with world markets

By Commodity News Service Canada WINNIPEG, Aug 13 (CNS) – The Canadian dollar closed lower Monday, as the impact of the Turkey currency crisis continued to drag world markets down. The Canadian dollar settled Monday at US$0.7613 or C$1.3136, compared to Friday’s North American close of US$0.7626 or C$1.3113. Markets around the world slid as […] Read more

North American Grain/Oilseed Review: Canola turns higher at closing bell

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Aug. 13 (CNS Canada) – ICE Futures canola contracts settled with small gains on Monday after posting losses in the most active months for most of the session. Gains in Chicago Board of Trade soybeans and soyoil provided some underlying support for canola, while a softer tone […] Read more


ICE canola mostly lower at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 13 (CNS Canada) – ICE Futures canola contracts were mixed at midday Monday, although the bias was lower in the most active months amid ideas that the market was looking overpriced compared to other oilseeds. A shift to cooler weather across much of Western Canada, after […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Aug. 13 (CNS Canada) The Canadian dollar was slightly softer Monday morning, as the currency crisis in Turkey continued to roil the global financial markets. At 9:20 CDT Monday morning the Canadian dollar was at US$0.7618 or C$1.3127 which compares with Friday’s North American close of US$0.7626 or C$1.3113. […] Read more


Global Markets: Turkey’s currency crisis weighs on markets

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 13 (CNS) – The plunging value of the Turkish currency is being felt throughout global markets. Economic unrest and soaring inflation has pushed the lira to a record low, prompting investors in Europe and other areas to seek safe havens. West Texas Intermediate futures also dropped […] Read more

ICE canola still down after Friday’s USDA reports

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 13, 2018 (CNS Canada) – ICE Futures canola contracts were lower Monday morning, as Friday’s United States Department of Agriculture (USDA) reports continued to weigh on the market. Chicago Board of Trade soybeans, soyoil and meal contracts were all down, along with palm oil and […] Read more



Canadian Financial Close: TSX dips with Turkish currency woes

By Commodity News Service Canada WINNIPEG, August 10 (CNS) – The Canadian dollar declined in value against its U.S. counterpart on Friday, weighed down by losses in gold bullion and global economic unrest. Domestic job creation numbers limited the damage. The economy added a net 54,100 jobs in July, which also lent support to the […] Read more