WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy expanded by a less-than-expected 3.1 per cent annualized pace in the first quarter, Statistics Canada reported on Tuesday. By comparison, many economists had predicted a 5.2 per cent increase in GDP while there was a 6.6 […] Read more
Global Markets: Canada’s economy expands by 3.1 per cent
Global Markets: China pulls back some lockdown measures
Thirst for oil, tight supplies pushing up prices
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global stock markets and crude oil prices were on the rise Monday morning as China eased some of its COVID-19 restrictions. With China as the world’s second largest economy and […] Read more
Global Markets: WHO confirms monkeypox in more than 20 countries
By MarketsFarm WINNIPEG, May 27 – The following is a glance at the news moving markets in Canada and globally. – Nearly 200 cases of monkeypox have been confirmed in more than 20 countries that are not usually known to have outbreaks of the disease endemic to West Africa, according to a report from the […] Read more
Global Markets: Turkey in grain talks with Russia and Ukraine
By MarketsFarm WINNIPEG, May 26 – The following is a glance at the news moving markets in Canada and globally. – Turkey is reportedly in talks with Russia and Ukraine to mediate a solution to allowing grain exports from Ukrainian ports. A corridor of safe-passage through the Black Sea to the Bosphorus straight in Istanbul […] Read more
Global Markets: Deadliest U.S. school shooting in a decade
By MarketsFarm WINNIPEG, May 25 – The following is a glance at the news moving markets in Canada and globally. – An 18-year-old gunman killed 19 children and two teachers at an elementary school in Texas on Tuesday, before being killed himself by law enforcement. The attack was the deadliest school shooting in the United […] Read more
Global Markets: Ukraine conflict reaches three-month mark
By MarketsFarm WINNIPEG, May 24 – The following is a glance at the news moving markets in Canada and globally. – As the war in Ukraine reaches the three-month mark, Russian forces were reportedly launching an all-out assault on Ukrainian troops in the eastern Donbas region of the country in an attempt to encircle and […] Read more
Global Markets: Canada to ban Huawei, ZTE from 5G networks
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Thursday it will not allow Chinese telecommunications companies Huawei Technologies and ZTE access to the country’s 5G wireless networks, citing security concerns. Telecommunication firms in Canada will not be permitted to include any […] Read more
Global Markets: Canada’s inflation rate hits three-decade high
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s annual inflation rate has reached a point unseen for more than three decades, Statistics Canada reported on Wednesday. The rate rose to 6.8 per cent in April, the highest level since January 1991. The core inflation rate […] Read more
Global Markets: Canadian gas prices average C$2 per litre
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – In its weekly report, Natural Resources Canada announced on Tuesday that the average price of gasoline per litre in Canada has exceeded the C$2 mark for the first time ever. The new all-time high of C$2.06/L is nine […] Read more
Global Markets: Russia attacks eastern, western Ukraine
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Both Russian and Ukrainian forces have made gains in various regions of Ukraine over the weekend. A Ukrainian battalion released a video on Sunday reaching the Russian border in the Kharkiv region where Russian forces are retreating. However, […] Read more