By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United Nations’ top court on Friday ordered Israel to take measures to prevent genocide against Palestinians and do more to help civilians but stopped short of ordering a ceasefire in Gaza. […] Read more
Global Markets: UN court orders Israel to prevent genocide
Global Markets: U.S. economic growth beats expectations
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States economy grew at a 3.3 per cent annualized rate in the fourth quarter of 2023, defying predictions for a recession, according to early data from the country’s Commerce Department […] Read more
Global Markets: Russian plane carrying Ukrainian POWs crashes
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A Russian military transport plane carrying 74 passengers, including 65 Ukrainian prisoners of war, crashed on Wednesday in a border area near the city of Belgorod killing everyone onboard. The cause of the […] Read more
Global Markets: Canada to cap foreign student permits
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Canadian government announced Monday that it will cap the number of international student permits issued over the next two years, as part of an effort to ease the country’s housing crisis while […] Read more
Global Markets: DeSantis suspends presidential bid
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Florida Governor Ron DeSantis suspended his Republican presidential campaign on Sunday and has endorsed rival Donald Trump. The exit of DeSantis leaves former United Nations Ambassador Nikki Haley as the only major […] Read more
Global Markets: Retail spending down in November
December sales point to increase
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 retail spending of C$66.6 billion during November slipped 0.2 per cent from October. At the heart of the decline were core retail sales which decreased […] Read more
Global Markets: Pakistan retaliates with attacks on Iran
China offers to mediate
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Tensions in the Middle East ramped up further on Thursday as Pakistan launched missile and drone attacks on targets in Iran. The strikes were in retaliation for Iran having fired missiles […] Read more
Global Markets: Ramping up oil output
Trans Mountain expansion nearly complete
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Oil production in Alberta jumped 8.8 per cent in November at 4.2 million barrels per day, according to the Alberta Energy regulator on Tuesday. The increase was in preparation of the […] Read more
Global Markets: Inflation bumps up in December
Analysts now watching for Bank of Canada's next move
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 Tuesday that inflation in December rose to 3.4 per cent on an annual basis, compared to 3.1 per cent in November and matching the high end of […] Read more
Global Markets: Slight upticks forecast in December inflation
Manufacturing sales, wholesale trade down from November to November
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ahead of the Statistics Canada report on inflation, analysts said on Monday they are expecting a small increase in the consumer price index for December. Inflation for November was pegged at […] Read more