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Canadian Financial Close: TSX pulls loonie down

By Commodity News Service Canada WINNIPEG, Dec. 14 (CNS) – The Canadian dollar was weaker at market close, weighed on by a drop in the stock market. The Canadian dollar settled Friday at US$0.7474 or C$1.3379, compared to Thursday’s North American close of US$0.7486 or C$1.3359. Oil prices fell Friday, weighed down by falling United […] Read more

Global Markets: Canada Goose delays China store opening

By Commodity News Service Canada WINNIPEG, Dec. 14, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada Goose has decided to delay the opening of its flagship store in Beijing, as escalating tensions between China and Canada continue. The company announced on its Weibo account that […] Read more


Global Markets: Apple expanding U.S. manufacturing

The following is a glance at the news moving markets in Canada and globally. There is concern from exporters in Canada that business could be affected by the ongoing Huawei drama. Professionals in the agriculture, lumber, banking and luxury goods industries are concerned their business dealings with China could fall victim in retaliation. China imported […] Read more

Global Markets: Huawei CFO granted bail

By Commodity News Service Canada WINNIPEG, Dec. 12, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Britain’s Prime Minister Theresa May will face a no confidence vote later today; this comes following May’s Brexit deal having fallen apart. There are at least 48 Tory members of […] Read more


Global Markets: Canadian detained in China

By Commodity News Service Canada WINNIPEG, Dec. 11, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. A former Canadian diplomat, Michael Kovrig, has been detained in China, according to his employers, the International Crisis Group. The group is working to confirm that Kovrig has in fact […] Read more

Global Markets: Brexit vote to be delayed

By Commodity News Service Canada WINNIPEG, Dec. 10, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. China is accusing Canada of breaking a bilateral agreement by not informing the Chinese consulate of the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou right away. According […] Read more


Global Markets: Canada sees record employment growth

By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada posted record employment growth in November, with employment increasing by 94,100 jobs, according to a report from Statistics Canada. The country’s jobless rate declined to 5.6 per cent, […] Read more

Global Markets: Top Huawei executive arrested in Canada

By Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – At the request of the United States, Canadian authorities have arrested Meng Wanzhou, a top executive with Chinese technology company Huawei and daughter of the company’s founder. The arrest […] Read more


Global Markets: Bank of Canada expected to keep rates steady

By Commodity News Service Canada WINNIPEG, Dec. 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada is generally expected to be keeping interest rates unchanged when it releases its latest interest rate decision later Wednesday. However, the accompanying statement will be […] Read more

Global Markets: China/U.S. trade truce lacking detail

By Commodity News Service Canada WINNIPEG, Dec. 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Investors were still waiting for details on the tentative trade truce between the United States and China, as China has yet to confirm any of the claims made by […] Read more