Global Markets: Economic growth slows in United Kingdom

By Commodity News Service Canada WINNIPEG, Feb. 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Economic growth in the United Kingdom slowed to only 1.4 per cent on an annual basis in 2018, according to the Office for National Statistics. That compares with 1.8 […] Read more

Canadian Financial Close: Loonie regains some strength

By Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – The Canadian dollar was up at market close on Friday, with a report of good job growth in January and increases in crude oil prices. The dollar finished Friday at US$0.7536 or US$1=C$1.3270, which compares with Thursday’s close of US$0.7527 or C$1.3285. On Friday, […] Read more

North American Grain/Oilseed Review: Canola settles mixed

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 8 (CNS Canada) – ICE Futures canola contracts were mixed at Friday’s close, with losses in the front months and gains in the new crop contracts. Bearish technical signals weighed on prices early in the day. Large old crop supplies, concerns over declining Chinese demand and […] Read more


Canola futures hit three-week lows at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – ICE Futures canola contracts were down at midday Friday, falling to their lowest levels in three weeks as speculators were on the sell side ahead of a number of reports out of the United States. The U.S. Department of Agriculture releases its […] Read more

Global Markets: Canada adds nearly 67,000 jobs in January

By Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Canadian economy added 66,800 jobs in January, according to a report from Statistics Canada. The jobs growth came in well above trade estimates. However, the unemployment rate also […] Read more


ICE canola weakens Friday morning

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – ICE Futures canola contracts were down Friday morning, falling to the lower edge of their nearby trading range. Losses in Chicago Board of Trade soyoil futures and a firmer tone in the Canadian dollar contributed to the early selling pressure in canola. […] Read more

Canadian Dollar and Business Outlook: Job growth gives loonie a boost

By Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – The Canadian dollar is up Friday morning as Statistics Canada reported good job growth for January. At 8:53 CST Friday morning the Canadian dollar was at US$0.7540 or C$1.3259, which compares with Thursday’s North American close of US$0.7527 or C$1.3285. Canada saw a net […] Read more

Canadian Financial Close: Canadian dollar loses half cent as stocks, oil prices fall

By Commodity News Service Canada WINNIPEG, Feb. 7 (CNS Canada) – The Canadian dollar was down at market close Thursday along with the North American stock markets and the prices for crude oil. The dollar finished Thursday at US$0.7527 or US$1=C$1.3285, which compares with Wednesday’s close of US$0.7582 or C$1.3190. The S&P/TSX Composite Index was […] Read more


North American Grain/Oilseed Review: Canola narrowly mixed after choppy day

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 7 (CNS Canada) – ICE Futures canola contracts saw some wide price swings on Thursday before settling within a dollar of either side of unchanged. Weakness in the Canadian dollar was a major supportive influence, as the currency fell by another half of a cent relative […] Read more

Canola retreats from early gains at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 7 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, retreating from earlier gains as losses in the Chicago Board of Trade soy complex spilled over to weigh on prices. Ideas that China and the United States are still far apart when it […] Read more