Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is largely expected to hold its key interest rate steady at 5.25 to 5.5 per cent when it announces its policy decision and economic projections on Wednesday. Many observers believe the […] Read more
Global Markets: U.S. Fed likely to hold rate steady
Global Markets: UN Security Council approves ceasefire deal
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United Nations Security Council approved on Monday a United States-backed resolution endorsing a ceasefire plan to end the war between Israel and Hamas. The resolution received the support of 14 out of 15 members with […] Read more
Global Markets: Macron calls federal election
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – French President Emmanuel Macron announced a snap federal election on Sunday after the far-right made gains in European Parliament elections. The National Rally party received 32 per cent of the vote in France, as one of […] Read more
Global Markets: Unemployment rates inch up in Canada, U.S.
Canada adds 27,000 jobs, U.S. up 272,000
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that unemployment in May nudged up 0.01 of a point to 6.2 per cent despite the economy adding 27,000 jobs. StatCan noted part-time positions increase 62,000 […] Read more
Global Markets: Israeli school strike kills dozens
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. An Israeli strike on a Gazan school providing shelter for displaced Palestinians killed more than 30 people, including 23 women and children, according to reports. The Israeli military said Hamas militants were […] Read more
Global Markets: Biden announces asylum ban
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Joe Biden signed an executive order Tuesday instituting a broad asylum ban on migrants caught illegally crossing the U.S./Mexico border. Illegal migrants could be deported or turned back to Mexico, […] Read more
Global Markets: Modi to retain power, but short of majority
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Early election results out of India show Prime Minister Narendra Modi on track for a narrow victory, although Modi’s own Bharatiya Janata Party (BJP) was so far falling short of holding a majority […] Read more
Global Markets: Russia close to declaring emergency
By Phil Franz-Warkentin Glacier FarrmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Russia is reportedly close to declaring a nationwide emergency after frost caused crop damage in May, the country’s agriculture minister Oksana Lut was quoted as saying in the country’s state-run news agency […] Read more
Global Markets: Jury says Trump guilty
Some Trump supporters calling for riots and violent retribution
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Former United States President Donald Trump was found guilty Thursday on all 34 counts pertaining to falsifying documents to cover up hush-money paid to ex-porn star Stormy Daniels. Trump, the presumptive […] Read more
Global Markets: Second Aramco offering in the works
2019 IPO pulled in US$29.4 billion
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Saudi Arabia could announce a landmark secondary share offering in the oil giant Aramco on Thursday, according to Reuters. The launch of the latest offering into the one of the world’s […] Read more