Compiled by MarketsFarm WINNIPEG, July 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian International Trade Minister Mary Ng, United States Trade Representative Katherine Taj and Mexican Secretary of Economy Raquel Buenrostro arrived in Cancun on Thursday for two days of talks. The ‘Three […] Read more
Global Markets: Top trade officials meeting in Mexico
Set to discuss CUSMA
Global Markets: Signs that inflation is falling in EU
Factory prices fell in May
Compiled by MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Inflation in the European Union is expected to drop after the European Agency for Statistics reported on Wednesday a 1.5 per cent decline in the prices charged by factories during May. That […] Read more
Global Markets: B.C. port strike enters day four
Impasse hit after bargaining through the weekend
Compiled by MarketsFarm WINNIPEG, July 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. After negotiations stalled on Monday, the strike at 30 British Columbia ports entered its fourth day on Tuesday with approximately 7,400 workers off the job. The B.C. Maritime Employers Association and […] Read more
Global Markets: Canada’s economy grows by 0.4 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported today that Canada’s gross domestic product grew by 0.4 per cent in May, leaving the possibility open for another key interest rate hike by the Bank of Canada (BoC). The main drivers for the […] Read more
Global Markets: Two more rate hikes for U.S.: Powell
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States Federal Reserve chair Jerome Powell said to the Federal Open Market Committee on Wednesday that two more interest rate increases will likely be needed later this year in an effort to bring inflation down to a […] Read more
Global Markets: Postmedia, Nordstar to discuss merger
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Postmedia Network Canada Corp., which owns the Sun newspaper chain and The National Post, confirmed on Tuesday it is in merger talks with Nordstar Capital LP, which owns The Toronto Star. The two newspaper chains said the merger […] Read more
Global Markets: Canada’s inflation rate drops
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday that Canada’s inflation rate fell by one full percentage point to 3.4 per cent in May, the lowest it had been since June 2021. Forecasters and the Bank of Canada (BoC) expected […] Read more
Global Markets: Shoigu appears after attempted takeover
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian Defence Minister Sergei Shoigu made his first public appearance on Monday, inspecting troops in Ukraine, since the mercenary Wagner Group tried to overthrow him and Russian military chief Gen. Valery Gerasimov on Friday. Wagner Group leader Yevgeny […] Read more
Global Markets: Modi visit to U.S. wraps up
By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Indian Prime Minister Narendra Modi will conclude his visit to the United States on Friday, meeting with government officials and business leaders in Washington. Modi spoke with U.S. President Joe Biden for […] Read more
Global Markets: China/U.S. tensions ramp up again
By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Comments from United States President Joe Biden referring to Chinese President Xi Jinping as a ‘dictator’ heighted tensions between the two countries once again, mere days after U.S. Secretary of State Antony […] Read more