Global markets

By Marlo Glass, MarketsFarm WINNIPEG, July 20 – ICE Futures canola contracts were higher at midday Monday, due to strength in comparable vegetable oils. Chicago soyoil was stronger due to consistent export demand. Malaysian palm oil was also higher due to tightened supplies and steadily improving demand. Labour shortages also contributed to palm oil’s strength. […] Read more

By MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In the United States, COVID-19 deaths have surpassed 140,000, as cases continue to rise in Florida, California, Texas, and other states. Florida has reported over 10,000 new cases daily for the past five days. […] Read more

By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Two United States Navy (USN) aircraft carriers and their escorts returned to the South China Sea on Friday. The U.S.S. Nimitz and U.S.S. Ronald Reagan had been deployed to the contested international waters […] Read more

By MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China reported on Thursday that’s its gross domestic product was bouncing back from the damage caused by the COVID-19 pandemic. In the second quarter of 2020, the world’s second largest economy grew by […] Read more

By MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Bank of Canada Governor Tiff Macklem is scheduled to make his first policy announcement on Wednesday since taking charge of the central bank on June 3. Later this morning, Macklem will speak about […] Read more

By MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The civil war in Libya continues to ramp up as the rebel Libyan National Army (LNA) asked Egypt to directly intervene following a series of setbacks. Egypt, along with Russia and the United […] Read more

By MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Houthi rebels in Yemen were said to be responsible for an attack on an oil facility in Saudi Arabia on Monday. Several missiles and drones targeted the 400,000 barrel per day refinery in […] Read more

By MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added nearly a million jobs in June, helping the unemployment rate fall to 12.3 per cent, after hitting a record high of 13.7 per cent the previous month, according to updated […] Read more

By MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The mayor of Seoul, South Korea, Park Won-soon, has gone missing and a massive search is underway. Park left his daughter a ‘will-like’ message before disappearing, according to police. Prior to becoming mayor […] Read more

By MarketsFarm WINNIPEG, July 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Confirmed COVID-19 cases in the United States neared three million in the latest data from Johns Hopkins, with over 131,000 deaths in the country attributed to the virus. A record number of new […] Read more