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Global Markets: U.S. Government shutdown looms

By Commodity News Service Canada WINNIPEG, Jan. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A government shutdown is looming in the United States, as a bill to extend funding for a wide range of federal programs is being held up by a dispute […] Read more

Global Markets: China economic growth beats expectations

By Commodity News Service Canada WINNIPEG, Jan. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – China’s economy grew at a faster-than-expected pace in the fourth quarter of 2017, with the gross domestic product rising by 6.8 per cent during the period. Industrial output in […] Read more


Global Markets: Bank of Canada raises interest rates

By Commodity News Service Canada WINNIPEG, Jan. 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada raised its key overnight interest rate by 0.25 points on Wednesday, taking the rate to 1.25 per cent, its highest level since 2009. – Bitcoin […] Read more

Global Markets: False North Korean missile alarm in Japan

By Commodity News Service Canada WINNIPEG, Jan. 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A false alarm about a North Korean missile launch was sent out by Japanese public broadcaster NHK on Tuesday. The mistake comes only a few days after a similar […] Read more


Global Markets: North Korea to send orchestra to Olympics

By Commodity News Service Canada WINNIPEG, Jan. 15 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – North Korea will send a 140-member orchestra to the upcoming Olympics in South Korea, as tensions between the two neighbouring countries continue to show signs of easing. The two […] Read more

Global Markets: RBC hikes mortgage rate

By Commodity News Service Canada WINNIPEG, Jan. 12, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Royal Bank of Canada raised its posted five-year fixed mortgage rate on Thursday. It was the first of Canada’s Big Five banks to make the move ahead of the […] Read more


Global Markets: U.S. Wal-Mart to raise minimum wage

By Commodity News Service Canada WINNIPEG, Jan. 11, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Wal-Mart Stores Inc. announced Thursday it will be raising the entry-level wage for American employees to US$11 an hour, due to the United States tax overhaul which was passed before […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, January 10 (CNS Canada) – The Canadian dollar was weaker against its U.S. counterpart on Wednesday morning, as poor domestic building data weighed on the loonie. Building permits in Canada dropped 7.7 per cent on a seasonally-adjusted basis to C$7.66 billion in November. Building permits are designed to give […] Read more


Global Markets: Canada launches WTO complaint against U.S.

By Commodity News Service Canada WINNIPEG, Jan. 10, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in a World Trade Organization filing dated Dec. 20 […] Read more

Global Markets: Trump shifts stance on crop insurance

By Commodity News Service Canada WINNIPEG, Jan. 9, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump told farmers in Tennessee at the American Farm Bureau’s annual convention on Monday he supports crop insurance, signaling a possible shift from his proposals last […] Read more