By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Republican Donald Trump and Democrat Kamala Harris held a televised debate Tuesday evening just two months away from the Nov. 5 election. Former President Trump, and current Vice President Harris are running neck-and-neck […] Read more
Global Markets: Trump/Harris debate
Global Markets: Ukraine launches drone attack on Moscow
By Phil Franz-Warkentin, MarketsFarm Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ukraine launched its largest drone attack on Russia yet on Tuesday, targeting the Moscow region. At least one person was killed, with three out of Moscow’s four airports closed causing flights […] Read more
Global Markets: Typhoon Yagi hits Vietnam
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Typhoon Yagi hit Vietnam over the weekend, causing extensive damage and killing at least 21 people. The storm was the largest in Asia this year, and the most powerful to make landfall […] Read more
Global Markets: Unemployment bumps up in Canada, dips in U.S.
Meanwhile one deal gets a yes, the other a no
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Unemployment in Canada rose to 6.6 per cent in August, up from 6.4 per cent in July, according to Statistics Canada on Friday. The increase came despite the economy adding 22,000 […] Read more
Global Markets: NDP cancels deal with Liberals
Singh chastises Trudeau, Poilievre in video
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The possibility of a federal election in Canada coming earlier than expected increased on Wednesday when the opposition New Democratic Party terminated its supply-and-confidence agreement with the governing Liberals. In a […] Read more
Global Markets: Another interest rate cut by BoC
Says it's committed 'to restoring price stability'
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As widely expected by analysts, the Bank of Canada lowered its key interest rates by 25 basis points on Wednesday, which brought them to 4.25 per cent. In a statement, the […] Read more
Global Markets: Canada’s economy grows by 2.1 per cent
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy expanded at an annual rate of 2.1 per cent in the second quarter of 2024, Statistics Canada reported on Friday, exceeding the Bank of Canada’s estimate of 1.5 per cent. Canadian households spent more […] Read more
Global Markets: Israel kills Islamic militant leader
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israel’s military said it killed five more Palestinian militants, including a local commander, during raids in the West Bank on Thursday. Islamic Jihad leader Abu Shujaa, who was linked to a deadly attack on Israelis in June, […] Read more
Global Markets: Israel launches large-scale attack
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israel launched a large-scale military operation in the West Bank early Wednesday morning, killing 10 Palestinian militants and sealing the city of Jenin. Israel said its intention was to uncover militants to prevent attacks on its […] Read more
Global Markets: Chinese ministry ‘dissatisfied’ with Canada
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Chinese Commerce Ministry said in a statement it was “strongly dissatisfied” with Canada’s plans to impose a 100 per cent tariff on Chinese electric vehicles, as well as a 25 per cent surcharge on Chinese […] Read more