By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The value of building permits issued in Canada in June came in at C$9.9 billion, which was down by 13.9 per cent from the previous month, according to a report from Statistics […] Read more
Global Markets: Canadian building permits down in June
Global Markets: Canada loses jobs, unemployment rate unchanged
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that the country lost 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent. Wholesale and real estate lost a total of 44,000 jobs, while public administration, transportation and […] Read more
Global Markets: Debby makes second landfall
The following is a glance at the news moving markets in Canada and globally. – Tropical Storm Debby made a second landfall in South Carolina early Thursday morning and is expected to travel north as well as bring heavy amounts of rain and possible flooding along the United States East Coast. Debby first made landfall […] Read more
Global Markets: Harris picks Walz as running mate
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States vice-president and Democratic presidential candidate Kamala Harris decided on Minnesota governor Tim Walz as her running mate on Tuesday, introducing him at a campaign rally in Philadelphia later that night. Harris was expected over […] Read more
Global Markets: Stock markets sink to multi-year lows
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – North American stock markets plunged on Monday for their worst day in two years after a lackluster United States jobs report and fears of a recession. Nasdaq lost 576.08 points or 3.43 per cent of its value, […] Read more
Global Markets: U.S. jobs growth slows
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Nonfarm payrolls in the United States increased by 114,000 jobs in July, which was down from a revised reading of 179,000 the previous month, according to a report from the country’s Labor Department. The […] Read more
Global Markets: Russia/U.S. prisoner swap
The following is a glance at the news moving markets in Canada and globally. A prisoner swap between Russia and the United States is reportedly underway, with Canadian-born Paul Whelan and Wall Street Journal reporter Evan Gershkovich said to be released from a Russian prison. The release comes after months of negotiations. Iranian […] Read more
Global Markets: Canadian economy grows slightly
The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported earlier today that Canada’s economy grew by 0.2 per cent in May, in line with economists’ expectations, for an annualized rate of 2.2 per cent in the second quarter. The manufacturing sector was the biggest driver […] Read more
Global Markets: Heavy rains trigger landslides in India
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Heavy rains in India triggered multiple landslides in the southern state of Kerala, killing at least 93 people and injuring many more. Northwest Pakistan was also dealing with flash flooding, with at […] Read more
Global Markets: Both sides claim victory in Venezuelan election
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The outcome of the presidential election in Venezuela over the weekend remains in doubt, with both incumbent Nicolas Maduro and opposition challenger Eduardo Gonzalez claiming victory. Official results showed Maduro winning a third […] Read more