WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) is expected to raise its key interest rate for the fifth time in as many meetings later today. Many analysts predict that Canada’s central bank will raise the rate by 75 basis points […] Read more
Global Markets: BoC to raise key interest rate
Global Markets: Manhunt continues for stabbing suspect
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – One suspect is dead while another is still on the run after a string of fatal stabbings in Saskatchewan on Sunday. Ten people were killed during the attacks in various locations in the province, while 18 more were […] Read more
Global Markets: More jobs added to U.S. economy
August increases on top of July gains
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States economy was bolstered by the addition of 315,000 jobs in August, according to the Department of Labor on Friday. This followed the addition of 528,000 jobs in […] Read more
Global Markets: Another Russian executive dies
Maganov opposed invasion of Ukraine
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ravil Maganov, the chair of Russian oil giant Lukoil, died on Thursday, becoming the latest high-profile businessperson in Russia to die under mysterious circumstances. While the Tass new agency said […] Read more
Global Markets: Slower economic growth in June says StatCan
Q2 growth reported to be 3.3 per cent
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that the country’s GDP grew by an annual rate of 3.3 per cent in the second quarter following loosening of COVID-19 restrictions. For June, the […] Read more
Global Markets: Climate change poses huge cost to economy
Report cites water as primary reason
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Climate change could lead to a C$139 billion loss in the Canadian economy over the next 30 years, according to a report released on Monday by global engineering firm GHD. […] Read more
Global Markets: Russia to hold war games with China, others
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Russian Defence Ministry announced Monday it plans to conduct military drills in the country’s northeast which will involve China from Sept. 1 to 7. The exercise will also take place in the Sea of Japan and involve […] Read more
Global Markets: U.K. facing 80 per hike in power costs
Inflation already expected to be 13 per cent
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – With the onset of winter only a few months away, the United Kingdom is facing an 80 per cent hike in electricity and gas bills, according to the Office of […] Read more
Global Markets: Growing support for crude cuts
But Iran deal could lift oil sanctions
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Prices at the fuel pump could rise again as the OPEC+ alliance is poised to cut crude oil production. Reports on Thursday said Iraq and Kuwait threw their support behind […] Read more
Global Markets: Canadian minerals for European batteries
Purchasing lithium, nickel, cobalt and graphite
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As part of German Chancellor Olaf Scholz’s visit to Canada, an agreement was signed on Tuesday that will see Canadian lithium, nickel, cobalt and graphite purchased by Volkswagen and Mercedes-Benz. […] Read more