By MarketsFarm WINNIPEG, Dec. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States jobless claims were lower than expected during the week ended Dec. 26, though they remain historically high. Jobless claims declined by 19,000 to total 787,000. Economists expected claims to be over 800,000. […] Read more
Global Markets: U.S. unemployment claims lower than expected
Global Markets: China revises 2019 GDP
By MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. China revised its official gross domestic product growth rate for 2019 to six per cent from 6.1 per cent, due to lower estimates for manufacturing output. China’s gross domestic product totalled 98.7 trillion yuan, […] Read more
Global Markets: COVID-19 variant detected in India, Pakistan
By MarketsFarm WINNIPEG, Dec. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. India and Pakistan have reported cases of the new, more contagious COVID-19 variant. Several cases have been detected in travellers from the United Kingdom, with three reported in Pakistan an six in India. Epidemiologists […] Read more
Global Markets: Trump, Democrats want to up direct payments
China investigates Alibaba, UK/EU reach trade deal
By MarketsFarm WINNIPEG, Dec. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The US$900 billion deal on pandemic assistance between Republican and Democrat lawmakers in the United States Congress was on the verge of falling apart on Christmas Eve. Earlier in the week, the two […] Read more
Global Markets: New coronavirus strain likely in North America
Unlikely its vaccine resistant - Fauci
By MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, stated on Tuesday that the new strain of the coronavirus found the in the United Kingdom may already be […] Read more
Global Markets: U.S. stimulus bill gets speedy passage
By MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Both houses of the United States Congress quickly passed the second largest economic stimulus bill in the country’s history on Monday. After months of acrimonious negotiations Republican and Democrat lawmakers reached an agreement […] Read more
Global Markets: U.S. Congress makes a $900 billion deal
Includes US$600 weekly payments to most Americans
By MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After months of negotiations United States Congressional leaders announced on Sunday a US$900 billion pandemic economic stimulus package. Among the plan’s provisions are payments to most Americans of US$600 per week and US$300/week […] Read more
Global Markets: U.K., E.U hit another Brexit negotiation snag
By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Although the United Kingdom formally left the European Union on January 31, 2020, some negotiations are still under way. Michel Barnier, the EU’s chief negotiator, warned U.K. Prime Minister Boris Johnson that access to […] Read more
Global Markets: French president contracts COVID-19
By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. French President Emmanuel Macron has tested positive for COVID-19, after meeting with numerous European leaders last week. France and Spain’s prime ministers are self-isolating after their recent close contact with him. Macron and his […] Read more
Global Markets: U.S. Congress close to COVID-19 relief package
By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States Congress is close to agreeing on a COVID-19 relief package, totalling less than US$900 billion. The bill may be attached to crucial government spending legislation which is scheduled to pass by the […] Read more