WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time ever, the Bank of Canada (BoC) will release a summary of its deliberations on the central bank’s latest key interest rate hike on Wednesday. On Jan. 25, the BoC increased the rate by 25 […] Read more
Global Markets: BoC to publish deliberation notes
Global Markets: Recovery mission begins in Turkey, Syria
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Emergency personnel from nearly 30 countries went into Turkey and Syria after a devastating 7.8-magnitude earthquake struck both countries on Monday, with the death toll expected to surpass 5,000 and the injured totalling more than 23,000. Turkish President […] Read more
Global Markets: Earthquake rocks Turkey, Syria
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A powerful earthquake, measuring 7.8 on the Richter Scale, devastated southeastern Turkey and northern Syria on Monday, killing at least 1,900 people. Hundreds of others are still believed to be under rubble after numerous buildings collapsed. The United […] Read more
Global Markets: Feds, provinces need to come together says Freeland
U.S. Inflation reduction Act to drain investment dollars out of Canada
Compiled by MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. When Canadian Finance Minister Chrystia Freeland meets with her provincial counterparts on Friday, she will ask them to work together on a plan to defend against the Biden administration’s Inflation Reduction […] Read more
Global Markets: Cold, ice strike U.S. hard
Up 400,000 without power in Texas
Compiled by MarketsFarm WINNIPEG, Feb. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Winter tightened its grip on the United States this week, with Arctic temperatures across the Northern Plains and ice storms in Texas and the Northeast. On Thursday, there were up to […] Read more
Global Markets: 25-point increase expected today
Fed's announcement at 1 pm CST
Compiled by MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The United States Federal Reserve will make its latest interest rate announcement at 1 pm CST on Wednesday, with market expectations keyed in on a 25-basis point increase. That would bring […] Read more
Global Markets: New deadline set for Shaw acquisition
Deal also awaits Industry Minister's approval
Compiled by MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The four entities involved in the deal for Rogers Communications to acquire Shaw Communications agreed on Monday to push back their deadline from tomorrow to Feb. 17. Last week, the Federal […] Read more
Global Markets: Israeli attack leaves 10 Palestinians dead
By MarketsFarm WINNIPEG, Jan. 27 – The following is a glance at the news moving markets in Canada and globally. An Israeli raid on the Jenin refugee camp in the occupied West Bank left nine people dead on Thursday, with a 10th Palestinian killed in clashes elsewhere. The attack that Palestinians decried as […] Read more
Global Markets: BoC to raise key interest rate to 4.5 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) announced on Wednesday it has raised its key interest rate by 25 basis points to 4.5 per cent, the highest level in 15 years, in an effort to combat inflation. It is the […] Read more
Global Markets: Germany to provide tanks to Ukraine
By MarketsFarm WINNIPEG, Jan. 25 – The following is a glance at the news moving markets in Canada and globally. Germany will provide Ukraine with one company (14) of Leopard 2 A6 tanks and will also approve other countries to do the same. The German decision comes after weeks of hesitation and growing […] Read more