Global markets

By MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States manufacturing activity showed growth in August, marking the largest rate of expansion since late 2018. Data from the Institute for Supply Management showed expansion was faster than economists predicted, boosted by orders […] Read more

By MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Predictions by economists of the Canadian economy having the worst quarter on record proved to be true on Friday. Statistics Canada reported the country’s GDP plummeted by an annualized 38.7 per cent in […] Read more

By MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Jerome Powell, the chair of the United States Federal Reserve, announced on the Thursday that the central bank will seek an inflation rate that averages two per cent over time. The Fed’s policy […] Read more

By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Foreign Minister Francois-Philippe Champagne and Chinese state councilor Wang Yi discussed the plight of Michael Spavor and Michael Kovrig, the two Canadians detained in China since December 2018. Spavor and Kovrig were […] Read more

By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – High level trade officials from the United and China reaffirmed their commitment to the Phase One trade deal during a telephone conversation on Tuesday. The two countries signed the agreement in January, but […] Read more

By MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Former Veterans’ Affairs Minister Erin O’Toole emerged as the winner of the Conservative Party of Canada’s leadership race on Sunday after three rounds of ballot counting. There was a six-hour delay to tallying […] Read more

By MarketsFarm WINNIPEG, Aug. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s finance minister Chrystia Freeland and Carla Qualtrough, minister of employment, workforce development and disability inclusion, announced an extension to the Canadian Emergency Response Benefit (CERB) on Thursday. CERB was originally scheduled to expire […] Read more

By MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ontario reported its highest number of new COVID-19 cases since July on Tuesday. Health officials confirmed there were 125 new cases in the province, which comes after daily case numbers were lower than 100 […] Read more

By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Bill Morneau is stepping down from his position as Canada’s finance minister. In the midst of the Canadian economy recovering from the ill effects of the COVID-19 pandemic, Morneau said “it’s the right time […] Read more

By MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States House Speaker Nancy Pelosi is calling on Congress to return to Washington in order to thwart President Donald Trump’s efforts to defund the U.S. Postal Service ahead of November’s election. Last week, […] Read more