Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Beginning today, Canadians and permanent residents who travelled outside of the country no longer have to quarantine for 14 days after returning – provided they are fully vaccinated against COVID-19. […] Read more
Global Markets: Travel restrictions ease, but with a catch
Applies to only travelers leaving Canada today
Global Markets: Fire destroys B.C. village
By MarketsFarm WINNIPEG, July 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – More than a thousand people were evacuated from Lytton, B.C. on Wednesday as a fire decimated the Fraser Canyon community northeast of Vancouver that made headlines earlier in the week for reporting the […] Read more
Global Markets: New records set in Canadian heat wave
By MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Records for the hottest temperatures ever recorded in Canada continued to be set, with Lytton, B.C. marking a daytime high of 49.6 Celsius on Tuesday, June 29. The village, located in the Fraser […] Read more
Global Markets: Tigray rebels retake capital
By MarketsFarm WINNIPEG, June 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tigrayan rebels in northern Ethiopia have retaken the region’s capital, Merkelle. The Ethiopian government has held the city since November, with thousands killed and more than two million displaced in the ensuing fighting. […] Read more
Global Markets: U.S. airstrikes condemned by Iraq
By MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States airstrikes on Iranian rebel groups along the border between Iraq and Syria over the weekend are being condemned by the Iraqi government as “a blatant and unacceptable violation of Iraqi sovereignty […] Read more
Global Markets: High U.S. inflation to remain for years
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Bank of America’s top strategist Michael Hartnett said in a note on Friday that the bank expects inflation in the United States to remain elevated for two to four years, which contradicts the Federal Reserve’s assertion that high […] Read more
Global Markets: U.S. unemployment claims decline
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – New unemployment claims in the United States for the week ended June 19 declined by 7,000 to 411,000, according to the U.S. Labor Department. However, the total still exceeded economists’ projections of 380,000. Weekly unemployment claims in the […] Read more
Global Markets: Powell to testify in congressional hearing
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States Federal Reserve Chair Jerome Powell will testify in a congressional hearing later today where lawmakers will ask what the central bank plans to do in order to relieve rising inflation and unemployment due to the COVID-19 […] Read more
Global Markets: Canada to unveil travel rules for fully vaccinated residents
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – New measures for Canadian citizens, permanent residents and foreign nationals when they enter Canada will be announced later today. Currently, those without citizenship or resident status can only enter Canada if their travel is related to work, school […] Read more
Global Markets: U.S. oil output to be limited: OPEC+
WINNIPEG, June 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reports state that oil industry experts have told OPEC+ members that oil output from the United States will remain limited this year despite rising prices, according to sources within the organization. This is in anticipation […] Read more