Global markets

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Super cyclone Amphan, the largest storm to form in the Bay of Bengal in 21 years, made landfall on the border area between Bangladesh and India on May 20. Millions of people have […] Read more

By MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump is threatening to permanently halt funding for the World Health Organization (WHO). Trump initially suspended contributions a month ago, and is now requesting a commitment to “major substantive […] Read more

By MarketsFarm WINNIPEG, May 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Retail sales in the United States fell by 16.4 per cent from March to April, setting a new record decline. The previous record was set during the month prior, when sales dropped by 8.3 […] Read more

By MarketsFarm WINNIPEG, May 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Norges Bank Investment Management, a branch of Norway’s central bank, has excluded several Canadian oil firms due to “unacceptable greenhouse gas emissions.” Canadian Prime Minister Justin Trudeau said the decision emphasizes that climate change […] Read more

By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. China’s Jilin city has imposed lockdown measures, which include restricting travel, closing off residential areas, and banning social gatherings after an outbreak of confirmed COVID-19 cases. The first case was reported a week ago, […] Read more

WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As countries around the world test varying stages of re-opening measures, China’s health authority said the resurgence in cases of COVID-19 cases in recent days implies that measures cannot be relaxed yet. The country’s lockdown measures […] Read more

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Saudi Arabia has announced another voluntary cut to its oil production, which brings its oil output to the lowest level in 18 years. The kingdom aims to produce just under 7.5 million barrels per […] Read more

By MarketsFarm WINNIPEG, May 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that Canada’s unemployment rate jumped to 13.0 per cent in April from 7.8 per cent in March. The Labour Force Survey said almost two million jobs were lost […] Read more

By MarketsFarm WINNIPEG, May 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Two Canadian manufacturers are resuming production after being shut down due to the COVID-19 pandemic. Bombardier announced on Thursday it is gradually reopen its aircraft and rail operations. General Motors said production at […] Read more

By MarketsFarm WINNIPEG, May 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reactions were mixed on Tuesday after Canadian Prime Minister Justin Trudeau announced C$252 million in funding to assist the country’s farmers and food processors during the COVID-19 pandemic. Those in the potato industry […] Read more