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Global markets: US apartment vacancy rate holds steady

By Commodity News Service Canada

WINNIPEG, October 4 – The following is a glance at the news moving markets globally.

US APARTMENT VACANCY RATE STAYS UNCHANGED
The American apartment vacancy rate held steady from the second quarter to the third, according to reports out of the country on Tuesday.

The vacancy rate held steady at 4.4 per cent in both quarters, analysts say.

POUND FALLS TO 31-YEAR-LOW
The British pound fell to a 31 year-low in early activity on Tuesday, pressured by advances in the US dollar and Brexit concerns.

CANADIAN FARM INPUT PRICES MOVE LOWER
The Farm Input Price Index decreased 0.9 per cent in the second quarter. The decline was mainly attributable to animal production, down 4.6 per cent, more specifically cattle production, down 13.9 per cent, Statistics Canada said in a report on Tuesday.

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