Canadian GDP up by 0.1%

Source: CBC News
The Canadian economy expanded in August for the third consecutive month after contracting for the first five months in a row. As reported by Statistics Canada, the monthly growth was mainly driven by manufacturing, oil and gas extraction along with retail trade. The economy's GDP grew by 0.1% in August, after an increase of 0.3% in July and 0.4% in June. Measured on a yearly basis, the economy grew at a pace of 0.9% during the period from August 2014 to August 2015.
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Mon, 02 Nov 2015 10:19:04 GMT

Oil weakens on weak China data

Crude oil prices were subdued due to China's most recent PMI gauge showing that the economy's manufacturing activity remained in contraction. Futures for WTI for December delivery slipped $0.20 to trade at $46.39 per barrel, while Brent futures for delivery in December were down $0.03 trading at $49.53 per barrel. The Caixin-Markit China PMI increased from September's 47.2 to October's

Fri, 30 Oct 2015 14:21:15 GMT

Gold futures close to three-week low

Even though gold prices moved higher on Friday due to a softer US Dollar, the yellow metal stayed close to its three-week low. This was primarily driven by fresh indications that the Fed could hike interest rates before the end of 2015. Spot gold stood at $1,145.55 per ounce, with little changes from late Thursday's $1,145.51. US gold futures for

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