By MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The COVID-19 variant first recorded in England is set to ‘sweep the world’ and become the most dominant strain of the virus, according to scientist Sharon Peacock, director of the COVID-19 Genomics UK […] Read more
Global Markets: UK COVID-19 variant to ‘sweep the world’
Global Markets: Myanmar protests continue
By MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Protests in Myanmar against last week’s military coup continued on Wednesday, with an estimated 100,000 people on the streets of the country’s largest city, Yangon. Local police officers at a number of demonstrations […] Read more
Global Markets: Trump’s second impeachment trial opens
By MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Donald Trump’s second impeachment trial gets underway in Washington, D.C., on Tuesday as the former United States president faces charges of inciting his followers to stage an insurrection and storm the country’s Capitol […] Read more
Global Markets: 18 dead after glacier breaks away in India
By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hundreds of people are missing and at least 18 confirmed dead in northern India after a glacier broke away from the Himalayan mountains and triggered flooding. The resulting surge of water and rocks […] Read more
Global Markets: Unemployment in Canada increases
Hits 9.4 per cent in January
By MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Unemployment in Canada ballooned in January with nearly 213,000 more people out of work, according to Statistics Canada on Friday. Analysts’ expectations were for unemployment to have increased by approximately 40,000 jobs, but […] Read more
Global Markets: World food prices continue to rise
Prices up for eighth consecutive month
By MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global food prices increased for an eighth consecutive month, according to the United Nations Food and Agriculture Organization (FAO) on Thursday. The FAO said the cost of a basket of cereals, oilseeds, dairy […] Read more
Global Markets: Canada looking to acquire more vaccines
Up to 11.6 by end of June
By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – By participating in an international vaccine sharing initiative known as COVAX, Canada could receive about 1.1 million doses of COVID-19 vaccines by the end of March, according to the federal government on Wednesday. […] Read more
Global Markets: Suu Kyi supporters call for release of Myanmar leader
By MarketsFarm WINNIPEG, Feb. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Party members of the detained Myanmar leader Aung San Suu Kyi are calling for the immediate release of the Nobel Peace Prize laureate, a day after she was arrested as part of a […] Read more
Global Markets: Switching from GameStop to silver
Trading pushes silver to seven year highs
By MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hot on the heels of the sharp spike in GameStop shares rebel traders have allegedly turned their attention to silver. The price of silver broke above US$30 per ounce on Monday, its highest […] Read more
Global Markets: Robinhood eases trading restrictions
WINNIPEG, Jan. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Just one day after online brokers such as Robinhood placed buying halts on shorted stocks such as GameStop (GME) and AMC (AMC) causing them to fall, those stocks were rising again today as Robinhood eased […] Read more