Global markets: UK retail sales disappoint

By Commodity News Service Canada WINNIPEG, February 17 – The following is a glance at the news moving markets globally. – United Kingdom retail sales fell below analyst expectations for the second month in a row in January, according to reports out of the region on Friday, giving indication that the UK’s economic pace could […] Read more

Global markets: US jobless claims higher, but below expectations

By Commodity News Service Canada WINNIPEG, February 16 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending February 11 increased by 5,000 to a seasonally adjusted 239,000, according to reports out of the country on Thursday. That number is below analyst expectations and marks […] Read more


Global markets: American retail sales higher than expected

By Commodity News Service Canada WINNIPEG, February 15 – The following is a glance at the news moving markets globally. – US retail sales outpaced analyst expectations, according to reports out of the country on Wednesday. January’s sales advanced 0.4 per cent, while December’s sales were revised up to one per cent. – Canadian manufacturing […] Read more

Global markets: US producer prices higher

By Commodity News Service Canada WINNIPEG, February 14 – The following is a glance at the news moving markets globally. – US producer prices surpassed analyst expectations last month, tracking the largest gains in four years. The American producer price index increased 0.6 per cent in January, after a 0.2 per cent increase in December, […] Read more


Global markets: Crude oil futures lower ahead of OPEC data

By Commodity News Service Canada WINNIPEG, February 13 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Monday, pressured by strong US production and trader positioning ahead of an announcement from OPEC (Organization of the Petroleum Exporting Countries.) American oil drillers have brought […] Read more

Global markets: Wall Street hits record highs

By Commodity News Service Canada WINNIPEG, February 10 – The following is a glance at the news moving markets globally. – The three main indexes at Wall Street hit record highs on Thursday, underpinned by the expectation for a coming tax announcement, expected within two or three weeks, from US President Donald Trump. Nasdaq Composite, […] Read more


Global markets: US jobless claims near 43-year-low

By Commodity News Service Canada WINNIPEG, February 9 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending February 4 fell 12,000 to a seasonally adjusted 234,000, according to reports out of the country. Claims have been below 300,000—which indicates a healthy labour force—for 101 […] Read more

Global markets: Crude falls despite OPEC efforts

By Commodity News Service Canada WINNIPEG, February 8 – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity on Wednesday, pressured by high US supplies and lower demand from China. Analysts say the market may still be oversupplied, despite a production cut from OPEC (Organization […] Read more


Global markets: Canada’s trade balance sees surplus

By Commodity News Service Canada WINNIPEG, February 7 – The following is a glance at the news moving markets globally. – Canada’s merchandise trade balance with the world recorded its second consecutive monthly surplus, narrowing from a revised C$1.0 billion in November to C$923 million in December. Exports were up 0.8 per cent on the […] Read more

Global markets: US crude prices advance

By Commodity News Service Canada WINNIPEG, February 6 – The following is a glance at the news moving markets globally. – US crude oil futures advanced to an 18-month-high in early activity on Monday. The market was propped up by strong demand from India and China. – Indonesia’s economy grew less than expected in the […] Read more