Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At a cost of more than C$1.1 billion, 23 First Nations and Metis communities will acquire an 11.6 per cent share in seven of Enbridge’s pipelines in Alberta. Enbridge Inc. […] Read more
Global Markets: Indigenous/Metis group acquires share in pipelines
Paying more than $1.1B to Enbridge
Global Markets: World Bank nearly halves China’s economic growth
COVID-19, interest rate hikes curtail five per cent projection
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The World Bank slashed its projection on Tuesday for economic growth in China for 2022 from the five per cent to now 2.8 per cent. The World Bank noted China […] Read more
Global Markets: Greenback soars to new high
Crude oil slides, production cuts looming
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States dollar continued to surge on Monday, setting a new 52-week high on the U.S. Dollar Index. Weighted against six other major world currencies, including the Canadian dollar, […] Read more
Global Markets: Referendums in Russian-held Ukrainian territory
By MarketsFarm WINNIPEG, Sept. 23 – The following is a glance at the news moving markets in Canada and globally. – Russian-held regions of Ukraine began voting in referendums on Friday over officially joining Russia. The referendums have been largely denounced as shams with no legal backing by Ukraine and its allies. The referendums are […] Read more
Global Markets: U.S. ups interest rate
By MarketsFarm WINNIPEG, Sept. 21 – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve upped its key overnight interest rate by 75 basis points on Wednesday as part of an ongoing effort to curb inflation. Many other world central banks followed suit by […] Read more
Global Markets: Putin to mobilize more troops, escalate war
By MarketsFarm WINNIPEG, Sept. 21 – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin announced plans Wednesday to ramp up the war in Ukraine by mobilizing reservists. He also warned that Russia will use any means at its disposal in the fight, including the […] Read more
Global Markets: Canadian inflation cools slightly
By MarketsFarm WINNIPEG, Sept. 20 – The following is a glance at the news moving markets in Canada and globally. – Canada’s annual rate of inflation cooled slightly in August, with the Consumer Price Index up by 7.0 per cent on the year, compared to 7.6 per cent the previous month, according to a report […] Read more
Global Markets: Queen Elizabeth II mourned
By MarketsFarm WINNIPEG, Sept. 19 – The following is a glance at the news moving markets in Canada and globally. – The state funeral for Queen Elizabeth II was held in London on Monday, with hundreds of world leaders in attendance – including Canadian Prime Minister Justin Trudeau. The funeral procession through the streets of […] Read more
Global Markets: Lift sanctions for nuclear agreement
Iran also wants guarantees from U.S.
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Iranian President Ebrahim Raisi stated on Friday that United States economic sanctions against his country must be lifted if there is to be a nuclear agreement. After months of indirect […] Read more
Global Markets: U.S. avoids railway strike
Agreement comes after 20 hours of talks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After 20 consecutive hours, an agreement was reached in the early hours of Thursday between major United States railways and unionized workers. The deal averts the first railway strike in […] Read more