By MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that the country’s gross domestic product jumped by a record 40.5 per cent annualized in the third quarter. That eliminated the record plunge of 38.1 per cent the […] Read more
Global Markets: Canadian economy bounces back in third quarter
National GDP increases by record amount
Global Markets: Freeland presenting fiscal update
Measures to help stricken Canadian economy
By MarketsFarm WINNIPEG, Nov. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland is scheduled to unveil the federal government’s latest fiscal update at 3 pm Central on Monday. It’s reported to include additional spending measures on the country’s hardest […] Read more
Global Markets: Indian farmers tear gassed in New Delhi
By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Hundreds of thousands of Indian farmers have marched to New Delhi in protest of new agriculture laws. The group was met with tear gas and water cannons as they protested laws that will reportedly […] Read more
Global Markets: 300 Turkish pilots sentenced to jail for life
By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Turkey has jailed over 300 pilots for life over a failed coup attempt to overthrow President Recep Tayyip Erdogan in 2016. Nearly 500 defendants were accused of attempting to overthrow the government from an […] Read more
Global Markets: GSA letter kicks off presidential transition
By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The United States General Services Administration has formally acknowledged President Donald Trump’s defeat, over two weeks after president-elect Joe Biden was declared the winner. GSA Administrator Emily Murphy wrote a letter beginning the formal […] Read more
Global Markets: U.K. COVID-19 vaccine averages 70 per cent effective
WINNIPEG, Nov. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Preliminary testing of a COVID-19 vaccine developed by the United Kingdom drug company AstraZeneca and the University of Oxford showed an average efficacy rate of 70 per cent. The vaccine could be up to 90 per […] Read more
Global Markets: Projections show Canadian COVID-19 cases rising
By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Climbing COVID-19 cases across Canada could see the country hit 60,000 cases per day by the end of the year if more drastic restrictions are not imposed, according to new modeling from the […] Read more
Global Markets: U.S. jobless claims rise
By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Weekly jobless claims in the United States were unexpectedly higher in the week ended Nov. 14, rising to 742,000 from 711,000 the previous week, according to the country’s Labor Department. Rising COVID-19 cases […] Read more
Global Markets: Pfizer vaccine hits 95% efficacy in trials
By MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Phase three trials on the COVID-19 vaccine recently announced by Pfizer and BioNTech have shown 95 per cent efficacy against the virus, marking a five-point improvement from earlier results announced a week ago. […] Read more
Global Markets: Humanitarian crisis in Ethiopia
By MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A “full-scale humanitarian crisis” in unfolding in Ethiopia’s northern Tigray region, according to the United Nations, as at least 27,000 people have fled the fighting into neighbouring Sudan. Ethiopia’s Prime Minister Abiy Ahmed, […] Read more