By MarketsFarm WINNIPEG, Nov. 22 – The following is a glance at the news moving markets in Canada and globally. Canadian retail sales were down by 0.5 per cent in September, coming in at C$61.1 billion, according to a report from Statistics Canada. Sales were down in seven of 11 subsectors with the […] Read more
Global Markets: Canadian retail sales dip in September
Global Markets: Tightening Chinese COVID restrictions
By MarketsFarm WINNIPEG, Nov. 21 – The following is a glance at the news moving markets in Canada and globally. Rising COVID-19 cases in China are leading to renewed lockdown measures, including school and business closures in Beijing. Tighter rules for entering the capital city were also reported. NASA’s Artemis Orion capsule […] Read more
Global Markets: Twitter employees leave company
By MarketsFarm WINNIPEG, Nov. 18 – The following is a glance at the news moving markets in Canada and globally. Hundreds of Twitter employees were reportedly walking off the job after an ultimatum from new owner Elon Musk calling for workers to work “long hours at high intensity” or leave the company. Twitter […] Read more
Global Markets: Black Sea grain shipment deal extended
WINNIPEG, Nov. 17 – The following is a glance at the news moving markets in Canada and globally. The deal allowing Ukrainian gain exports to move through the Black Sea has been extended, according to reports from the United Nations. In a statement, UN Secretary General António Guterres said, “I welcome the agreement by […] Read more
Global Markets: NATO says Polish missile strike not deliberate
WINNIPEG, Nov. 16 – The following is a glance at the news moving markets in Canada and globally. There was no evidence of a deliberate attack by Russia after a missile strayed across the Ukraine border into NATO-member Poland, killing two people on Tuesday, according to NATO officials. The missile that landed on the […] Read more
Global Markets: U.S. inflation eases in October
By MarketsFarm WINNIPEG, Nov. 15 – The following is a glance at the news moving markets in Canada and globally. – Canadian manufacturing sales held steady at C$70.4 billion in September, after posting declines the previous four months, according to a report from Statistics Canada. Meanwhile, the country’s wholesale sales were up by 0.1 per […] Read more
Global Markets: Biden and Xi meet in Indonesia
By MarketsFarm WINNIPEG, Nov. 14 – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden met with China’s Xi Jinping on Monday for their first in-person talks since Biden became president. The meeting lasted a little over three hours covering a wide range of […] Read more
Global Markets: U.S. inflation declines to 7.7 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Labor Department reported today that the annualized U.S. inflation rate was 7.7 per cent in October, down from 8.2 per cent in September and down from analysts’ expectations of 7.9 per cent. The rate is […] Read more
Global Markets: U.S. House, Senate still up for grabs
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Control over the United States House of Representatives and the Senate is still yet to be determined after Americans took to the polls on Tuesday for midterm elections. The Republicans’ so-called “red wave” many political pollsters anticipated never […] Read more
Global Markets: U.S. midterm elections take place
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Americans will take to the polls today for midterm elections, in which all 435 seats on the House of Representatives as well as 35 Senate seats and 36 races for state governor will be determined. Projections indicate that […] Read more