WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Israeli military conducted heavy air strikes over Gaza on Monday, destroying 15 kilometres of tunnels and the homes of nine Hamas commanders. During those air strikes, one Hamas commander, Hussam Abu Harmeed, was killed. After Harbeed’s death, […] Read more
Global Markets: Israeli, Palestinian conflict intensifies
Canadian Dollar and Business Outlook: Loonie closer to 83 cents U.S.
WINNIPEG – The Canadian dollar is back on an upward path as it approaches the 83 cents U.S. mark. As of 8:38 a.m. CDT, the loonie was at US$0.8270 or US$1=C$1.2092 compared to US$0.8230 or US$1=C$1.2150 when markets closed on Thursday. The Canadian dollar is at its highest level since 2015. The United States Commerce […] Read more
Global Markets: Right choice made with AstraZeneca-Oxford vaccine says task force
Clots in 18 Canadians, three deaths
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadians who received the AstraZeneca-Oxford COVID-19 vaccine made the right choice, according to Dr. David Naylor of the national COVID-19 Immunity Task Force. “The risks were obvious, with scores of […] Read more
Global Markets: Fuel begins moving again in Eastern U.S.
Colonial needs several days to get back up to speed
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Colonial Pipeline resumed moving fuel through its pipelines on Thursday as the major supplier gasoline, diesel and jet fuel recovers from a devastating cyberattack. Reports stated it would take Colonial […] Read more
Global Markets: Canada stepping into Line 5 dispute
Michigan governor calls pipeline 'a ticking time bomb'
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Wednesday it will intervene in the possible shut down of Enbridge’s Line 5 pipeline that runs through Michigan carrying oil and gas to Eastern Canada. […] Read more
Global Markets: 26 killed in Israeli airstrikes on Gaza
By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Israeli airstrikes on Gaza have killed at least 26 Palestinians over the past day, including nine children, according to reports. Meanwhile, hundreds of rockets fired by Gaza militants into Israel killed two Israeli […] Read more
Global Markets: Two major pipelines facing different problems
Colonial Pipeline, Enbridge tackling huge setbacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A major United States pipeline remained shut down on Monday after a cyber-attack on Friday forced the Colonial Pipeline Company to halt operations. With more than 5,500 miles of pipeline, […] Read more
Global Markets: North American jobs data disappoints
WINNIPEG, May 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States jobs data for April came in well below expectations, with only 266,000 jobs added to the country’s economy, according to a report from the U.S. Labor Department. Pre-report expectations had been for jobs […] Read more
Global Markets: China/Australia relations sour
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – China has announced that it will suspend all economic discussions with Australia “indefinitely” amid heightened diplomatic tensions between the two countries. “Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the normal exchanges and […] Read more
Global Markets: Trump Facebook ban upheld
WINNIPEG, May 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Facebook’s oversight board has upheld a ban on Donald Trump, keeping the former United States President off of the social media platform for the time being. Trump was suspended after the Jan. 6 riot at […] Read more