By MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Dozens of people are believed dead after a boat carrying migrants capsized in the central Mediterranean. Only four of the 45 people onboard the vessel survived the shipwreck and were brought to the […] Read more
Global Markets: Dozens dead after Mediterranean shipwreck
Global Markets: Canadian trade deficit widens
By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s merchandise trade deficit widened to C$3.7 billion in June, from C$2.7 billion the previous month, as exports dipped by 2.2 per cent and imports were down by 0.5 per cent, according […] Read more
Global Markets: Canadian unemployment rate edges higher
By MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate increased 0.1 percentage point in July, hitting 5.5 per cent, according to a report from Statistics Canada. That marked the third consecutive monthly increase. Ukrainian sea drones reportedly […] Read more
Global Markets: Bank of England raises interest rates
By MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Bank of England raised its key interest rate by a quarter of a percentage point on Thursday, taking it to a 15-year high of 5.25 per cent. The BoE also warned that […] Read more
Global Markets: Russia attacks Ukrainian inland port
By MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ukraine’s main inland port across the Danube River from Romania was attacked by Russia on Wednesday, destroying buildings and halting ships from moving grain from the country’s major alternative route to the […] Read more
Global Markets: Drone strikes hit Moscow office tower again
By MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. A Moscow office tower containing three Russian government ministries was struck by a drone for the second time in three days on Tuesday. Ukraine has not directly claimed responsibility for the strikes […] Read more
Global Markets: Uncertainty in Niger following coup
By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The situation in Niger remains uncertain days after a military junta seized power in a coup. West African nations have given the coup leaders one week to reinstate the country’s democratically elected […] Read more
Global Markets: Economy grew somewhat in May
Declines in energy, residential construction sectors
WINNIPEG, July 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that the country’s economy grew by 0.3 per cent in May, a pinch lower than the 0.4 per cent increase initially projected. The 2.1 per cent drop in the energy […] Read more
Global Markets: U.S. Fed, ECB raise interest rates
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve raised its key interest rates by 25 basis points to a range of 5.25 to 5.5 per cent on Wednesday, the highest level since 2001. It was the 11th time in 17 months […] Read more
Global Markets: Major cabinet shuffle in works
Most ministers leaving due to their retirements
Compiled by MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau is set to shake-up his cabinet on Wednesday, with several key ministers on their way out – most due to their pending retirements from federal politics. […] Read more