By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In efforts to end the Russia-Ukraine war, the United States proposed a 15-year security guarantee to Ukraine on Sunday. U.S. President Donald Trump made the offer to Ukrainian President Volodymyr Zelenskyy during their […] Read more
Global Markets: U.S. offers security guarantee to Ukraine
Global Markets: Canadian economy shrinks in October
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that the country’s economy contracted by 0.3 per cent in October, its largest monthly drop in nearly three years. The manufacturing sector was down 1.5 per cent from September, while wood […] Read more
Global Markets: U.S. seizes Venezuelan oil tanker
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – The United States Coast Guard confirmed on Sunday it was pursuing a sanctioned oil tanker in the Caribbean Sea as the Trump administration continued to target vessels connected to the Venezuelan government. On Saturday, the White […] Read more
Global Markets: Canadian retail sales dip 0.2 per cent
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian retail sales decreased 0.2 per cent in October to C$69.4 billion, reported Statistics Canada. Sales at beer, wine and liquor retailers were down 10.6 per cent. Core retail sales, which exclude gasoline stations and fuel vendors and […] Read more
Global Markets: U.S. inflation slows, but still high
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Inflation in the United States saw an unexpected slowdown in November, coming in at 2.7 per cent from 3.0 per cent in September. The October report was missed due to the government shutdown, while the November numbers were […] Read more
Global Markets: Trump orders oil tanker blockade into Venezuela
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump has said he is ordering a naval blockade of all “sanctioned oil tankers” into Venezuela, a week after the U.S. seized an oil tanker off the South American country’s coast. The latest move […] Read more
Global Markets: Crude oil drops Tuesday
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices slipped to their lowest levels in over six months on Tuesday, as optimism over peace talks to end the war between Russia and Ukraine weighed on values. Weak economic data out of China was also […] Read more
Global Markets: Canadian inflation at 2.2 per cent in November
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s Consumer Price Index (CPI) rose 2.2 per cent on an annual basis in November, which was in line with the October reading, reported Statistics Canada. Grocery price inflation came in at 4.7 per cent which compared with […] Read more
Global Markets: Ma bolts to Liberals
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. With now former Conservative MP Michael Ma having crossed the House of Commons floor to join the governing Liberals on Thursday, Prime Minister Mark Carney is one seat away from having a majority. […] Read more
Global Markets: LeBlanc confident in trilateral trade deal
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Dominic LeBlanc, the federal Minister Responsible for Canada-United States Trade, told the Canadian Press on Wednesday that he believes U.S. President Donald Trump won’t tear up the Canada-U.S.-Mexico Agreement. LeBlanc’s comments came after […] Read more