Global markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian wholesale sales grew 0.4 per cent in July to hit C$82.7 billion, according to a report from Statistics Canada. There were increases in four of the seven subsectors, led by the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The European Central Bank cut interest rates Thursday, taking its key deposit rate 25 basis points lower at 3.50 per cent. The move was widely anticipated, coming amid slowing inflation and economic […] Read more

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

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

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

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

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

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

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

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