Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve on Wednesday announced that it will raise its key interest rates by one-quarter of a point despite an ongoing banking crisis. In a statement released by the Fed after the announcement, it read, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden will make his first official in-person visit to Canada on Thursday before becoming the eighth U.S. President to address Parliament on Friday. Biden and Canadian Prime Minister Justin Trudeau are expected to discuss […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday morning that Canada’s inflation rate declined to 5.2 per cent in February, down from 5.9 per cent from the month before. StatCan noted that the decline was due to a high monthly […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Swiss National Bank (SNB) announced on Sunday that UBS will purchase its rival Credit Suisse in an acquisition designed to calm global markets rattled by the latter’s struggles. In a move orchestrated by SNB’s regulators, UBS will […] Read more

By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Chinese leader Xi Jinping is set to visit his counterpart Vladimir Putin in Russia next week, with the diplomatic meeting seen by some as a sign of Chinese support of Russia’s Ukrainian invasion. […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Pacific Railway (CP Rail) received approval from the United States Transportation Board on Wednesday to complete its US$27 billion acquisition of Kansas City Southern, creating the only railway to serve Canada, the U.S. and Mexico. The deal […] Read more

By MarketsFarm   WINNIPEG, March 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The details of an incident that saw a Russian fighter jet collide with a United States surveillance drone over the Black Sea remain unclear, with both sides offering conflicting reports blaming the […] Read more

By MarketsFarm   WINNIPEG, March 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   A strike by French sanitation workers hit its ninth day Tuesday, with garbage piling up on Paris streets and other cities in the country. The workers are protesting a bill that would […] Read more

By MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The collapse of the Silicon Valley Bank (SVB) in the United States on Friday kept global financial markets on edge to start the new week, as governments work to assure people that their […] Read more

Compiled by MarketsFarm   WINNIPEG, March 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada (StatCan) reported on Friday that 21,800 jobs were added to the country’s economy in February. That was more than double the expectations from economists and kept Canada’s unemployment rate […] Read more