WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The OPEC+ alliance of oil-exporting countries announced on Wednesday it will cut crude oil production by two million barrels per day starting in November, the largest production cut since 2020. However, the impact of the production cuts on […] Read more
Global Markets: OPEC+ to cut production in November
Global Markets: Putin signs territories into law
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin signed laws on Wednesday in an attempt to annex four Ukrainian territories. Last week, Russia held referendums in its occupied territories to absorb the Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhzhia, which were […] Read more
Global Markets: Legault, CAQ re-elected to second majority
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Coalition Avenir Quebec (CAQ), led by incumbent Premier Francois Legault, expanded on its majority in the province’s National Assembly after winning or leading in 89 out of 125 seats in Quebec’s general election on Monday. It was the […] Read more
Global Markets: Quebecers go to the polls
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Millions of voters are expected to line up at polling stations across Quebec on Monday for the province’s general election. Out of 6.3 million eligible voters, 23 per cent have cast an early ballot, almost double the percentage […] Read more
Global Markets: The National Day for Truth and Reconciliation
Residential schools designed to 'erase the Indian' from Indigenous children
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Friday marked the second annual National Day for Truth and Reconciliation in Canada – to remember the victims and survivors of the country’s former residential school system. For well over […] Read more
Global Markets: Ian hits Florida
Downgraded from Category Four to tropical storm
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Ian arrived over Florida on Wednesday afternoon and quickly caused widespread damage with winds clocked at about 240 kilometres per hour. Governor Ron DeSantis stated that Ian was a […] Read more
Global Markets: Indigenous/Metis group acquires share in pipelines
Paying more than $1.1B to Enbridge
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At a cost of more than C$1.1 billion, 23 First Nations and Metis communities will acquire an 11.6 per cent share in seven of Enbridge’s pipelines in Alberta. Enbridge Inc. […] Read more
Global Markets: World Bank nearly halves China’s economic growth
COVID-19, interest rate hikes curtail five per cent projection
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The World Bank slashed its projection on Tuesday for economic growth in China for 2022 from the five per cent to now 2.8 per cent. The World Bank noted China […] Read more
Global Markets: Greenback soars to new high
Crude oil slides, production cuts looming
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States dollar continued to surge on Monday, setting a new 52-week high on the U.S. Dollar Index. Weighted against six other major world currencies, including the Canadian dollar, […] Read more
Global Markets: Referendums in Russian-held Ukrainian territory
By MarketsFarm WINNIPEG, Sept. 23 – The following is a glance at the news moving markets in Canada and globally. – Russian-held regions of Ukraine began voting in referendums on Friday over officially joining Russia. The referendums have been largely denounced as shams with no legal backing by Ukraine and its allies. The referendums are […] Read more