By Commodity News Service Canada
WINNIPEG, October 17 – The following is a glance at the news moving markets globally.
EURO ZONE INFLATION UP
Euro zone consumer prices gained 0.4 per cent on the month in September, and 0.4 per cent from year-ago levels, according to data out of the region on Monday.
Higher costs for food, rent and tobacco added to the advances.
CANADIAN RETAIL SALES UP IN Q2
Retail sales totalled C$139.7 billion in the second quarter, up 3.6 per cent from the second quarter of 2015. Higher sales were recorded in nine of 10 commodity groups, Statistics Canada said in a report on Monday.
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Sales of motor vehicles, parts and services rose 7.3 per cent, accounting for half of the overall increase in the second quarter.
INVESTMENT IN CANADIAN SECURITIES UP IN AUGUST
Foreign investment in Canadian securities totalled C$12.7 billion in August, led by acquisitions of Canadian bonds on the secondary market. At the same time, Canadian investment in foreign securities slowed to C$1.6 billion. This resulted in a net inflow of funds of C$11.1 billion into the Canadian economy in the month, Statistics Canada said in a report.
