Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Wednesday that the annual rate of inflation was 3.1 per cent in June, lower than the 3.6 per cent recorded in May. Excluding gasoline prices, which increased 32 per cent year-to-year in June, the […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The International Monetary Fund (IMF) maintained its forecast for six per cent global growth for 2021 on Tuesday, upgrading its forecast for wealthy economies and downgrading it for developing nations. The IMF projected the United States to increase […] Read more

WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The COVID-19 Delta variant and a standstill in the vaccination rate are both responsible for the increasing number of cases in the United States over the past week. In 48 states, the number of COVID-19 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada rebounded in June, according to a report from Statistics Canada released on Friday. Receipts dropped 2.1 per cent in May due to COVID-19 shutdowns, but sales rose by an estimated 4.4 per cent as […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Despite the prospects of a recovering economy after the COVID-19 pandemic, weekly jobless claims in the United States unexpectedly rose for the week ended July 17. Claims for benefits increased by 51,000 to 419,000 in total, exceeding the […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada Border Services Agency officers will vote this week whether or not to take strike action, potentially creating a major setback towards the federal government’s plans to re-open the Canada/United States border. More than 8,500 officers, who have […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Monday it was easing some of its border restrictions, allowing fully vaccinated American travelers into the country starting Aug. 9. Fully vaccinated travelers from elsewhere can enter Canada starting on Sept. 7. Travelers […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Stocks in Europe and in North America are expected to experience a selloff on Monday as investors become more wary of a quick financial recovery due to the COVID-19 Delta variant. Contracts on the S&P 500 and Nasdaq […] Read more

WINNIPEG, July 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In a call to premiers yesterday, Canadian Prime Minister Justin Trudeau suggested that if vaccinations continue at their current pace, fully vaccinated Americans and permanent residents would be allowed into Canada by mid-August. He added […] Read more

WINNIPEG, July 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The World Health Organization (WHO) reported on Wednesday that during the last week, the number of COVID-19-related deaths had increased for the first time in nine weeks, a three per cent increase to 55,000 deaths. […] Read more