By MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Unemployment in Canada ballooned in January with nearly 213,000 more people out of work, according to Statistics Canada on Friday. Analysts’ expectations were for unemployment to have increased by approximately 40,000 jobs, but […] Read more
Global Markets: Unemployment in Canada increases
Hits 9.4 per cent in January
Global Markets: World food prices continue to rise
Prices up for eighth consecutive month
By MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global food prices increased for an eighth consecutive month, according to the United Nations Food and Agriculture Organization (FAO) on Thursday. The FAO said the cost of a basket of cereals, oilseeds, dairy […] Read more
Global Markets: Canada looking to acquire more vaccines
Up to 11.6 by end of June
By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – By participating in an international vaccine sharing initiative known as COVAX, Canada could receive about 1.1 million doses of COVID-19 vaccines by the end of March, according to the federal government on Wednesday. […] Read more
Global Markets: Suu Kyi supporters call for release of Myanmar leader
By MarketsFarm WINNIPEG, Feb. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Party members of the detained Myanmar leader Aung San Suu Kyi are calling for the immediate release of the Nobel Peace Prize laureate, a day after she was arrested as part of a […] Read more
Global Markets: Switching from GameStop to silver
Trading pushes silver to seven year highs
By MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hot on the heels of the sharp spike in GameStop shares rebel traders have allegedly turned their attention to silver. The price of silver broke above US$30 per ounce on Monday, its highest […] Read more
Global Markets: Robinhood eases trading restrictions
WINNIPEG, Jan. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Just one day after online brokers such as Robinhood placed buying halts on shorted stocks such as GameStop (GME) and AMC (AMC) causing them to fall, those stocks were rising again today as Robinhood eased […] Read more
GameStop stock wreak havoc on markets
WINNIPEG, Jan. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The meteoric ascent of United States-based video game retail chain GameStop on the stock market continues to raise eyebrows today as hedge funds suffer billions of dollars in losses. One share of GameStop (GME) was […] Read more
EU may restrict vaccine exports
WINNIPEG, Jan. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While pharmaceutical giants Pfizer and AstraZeneca are still grappling with delays in producing their COVID-19 vaccines, the European Union has warned it could restrict exports of vaccine made inside the bloc to other countries. EU […] Read more
Global Markets: Canada asks for ‘Buy American’ exemption
WINNIPEG, Jan. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Deputy Prime Minister Chrystia Freeland told CBC on Monday both Prime Minister Justin Trudeau and United States President Joe Biden have discussed the possibility of Canada being exempt from Biden’s newly-implemented “Buy American” provision. […] Read more
Foreign investment nearly cut in half
WINNIPEG, Jan. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A report released by the United Nations Conference on Trade and Development (UNCTAD) on Jan. 24 revealed that foreign direct investment (FDI) fell by 42 per cent in 2020 from US$1.5 billion to US$859 million. […] Read more