CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more
Global markets: U.S. Federal Reserve to meet this week
Global markets: WHO research
CNS Canada — The following is a glance at the news moving markets globally. PROCESSED MEAT CAUSES CANCER, WHO SAYS — Eating processed meat can cause bowel cancer, the World Health Organization (WHO) said Monday. The WHO added processed meats, such as hot dogs and ham, to its group one list, which also includes items […] Read more
Global markets: China slashes interest rates
CNS Canada –– The following is a glance at the news moving markets globally. CHINA’S CENTRAL BANK CUTS INTEREST RATES, AGAIN — China’s central bank cut interest rates once again on Friday, which marks the sixth time the bank has done so since November. The changes also lowered the amount of cash that banks must […] Read more
Global markets: Apple in China, U.S. oil rig flatlining
CNS Canada –– The following is a glance at the news moving markets globally. APPLE CEO SAYS HE IS NOT WORRIED ABOUT OPENING STORE IN CHINA — Apple CEO Tim Cook has said he is not concerned about opening a new store in China, despite the country’s recent economic downturn. China has seen losses in […] Read more
Global markets: Brazilian and South African economies
CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more
Global markets: Canada’s federal election, Russia’s economy
CNS Canada — The following is a glance at the news moving markets globally. CANADIAN FEDERAL ELECTION — Liberal leader Justin Trudeau won a majority government last night, despite being in third place at the start of a marathon 78-day campaign. Up next, the new prime minister must form a cabinet, and decide whether or […] Read more
Global markets: U.S. Federal Reserve and China’s economy
CNS Canada –– The following is a glance at the news moving markets globally. CANADIAN ELECTION — The Canadian Federal election is today, and market participants will be following the outcome closely. U.S. FED OFFICAL SAYS IT’S TOO SOON TO TALK ABOUT INTEREST RATE — New York Federal Reserve President, William Dudley, said it’s too […] Read more
Global markets: Kenya prompted to cut back on spending
CNS Canada, Oct. 16 — The following is a glance at the news moving markets globally. KENYA PROMPTED TO CUT EXPENDITURE BY IMF AND WORLD BANK – The World Bank and International Monetary Fund advised the Kenyan government to stop spending on non-priority projects. The country’s treasury has been borrowing shillings at a high interest […] Read more
Global markets: Mine shutdowns, U.S. jobless claims
CNS Canada — The following is a glance at news moving markets globally. BHP EXECUTIVE SAYS SHUTTING MINES WON’T AFFECT PRICES – An executive from BHP Billiton Ltd., a multinational mining, metals and petroleum company, said mines being shut down will not affect commodity prices-like copper-because the mines being shut are not profitable. Some analysts […] Read more
Global markets: Japan, Germany cut economic forecasts
CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production is due to weaker demand […] Read more
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