By MarketsFarm WINNIPEG, Aug. 9 – The following is a glance at the news moving markets in Canada and globally. – The FBI conducted a raid on former United States President Donald Trump’s Mar-a-Lago estate in Florida on Monday, according to reports. Acting on a search warrant, the unannounced raid was said to be tied […] Read more
Global Markets: FBI searches Trump’s Mar-a-Lago estate
Global Markets: U.S. Senate narrowly passes bill to combat inflation
By MarketsFarm WINNIPEG, Aug. 8 – The following is a glance at the news moving markets in Canada and globally. – The United States Senate passed a wide-ranging bill on Sunday covering climate change, health care and corporate taxes. The Inflation Reduction Act now moves to the Democrat-controlled House of Representatives after the narrow 51-50 […] Read more
Global Markets: Canadian unemployment steady, U.S. rate dips
By MarketsFarm WINNIPEG, Aug. 5 – The following is a glance at the news moving markets in Canada and globally. – Canada’s unemployment rate held steady at 4.9 per cent in July, with Statistics Canada reporting a small 31,000 decline in employment during the month. Meanwhile, nonfarm payrolls in the United States were up by […] Read more
Global Markets: BoE hikes interest rate
By MarketsFarm WINNIPEG, Aug. 4 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by half a percentage point on Thursday, taking the country’s Bank Rate to its highest level since 2008 at 1.75 per cent. The hike was […] Read more
Global Markets: Ukrainian grain makes it through Black Sea
By MarketsFarm WINNIPEG, Aug. 3 – The following is a glance at the news moving markets in Canada and globally. – The first grain vessel to leave a Ukrainian port in months made it through the Black Sea and passed inspection in Istanbul on Wednesday. The ship, carrying 23,000 tonnes of corn, is now on […] Read more
Global Markets: First Ukrainian grain in months leaves port
By MarketsFarm WINNIPEG, Aug. 2 – The following is a glance at the news moving markets in Canada and globally. – The first vessel moving grain out of a Ukrainian port left Odessa over the weekend with a 23,000-tonne shipment of corn destined for Lebanon. More than 20 million tonnes of grain have been left […] Read more
Global Markets: Canada’s economy flat in May
StatsCan projects slight growth in June
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Friday that the country’s economy was essentially flat in May. The federal agency issued its report on Canada’s gross domestic product, which showed essentially no growth, […] Read more
Global Markets: CN’s revenue jumps 21 per cent in Q2
Boost in freight rates, fuel charges help spur revenues
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian National Railway reported on Wednesday that’s second quarter revenue hit C$4.34 billion, well exceeding expectations of C$4.08 billion and 21 per cent more than the same quarter last year. […] Read more
Global Markets: World recession looming says IMF
Growth in 2022 slashed in half compared 2021
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In a report issued on Tuesday, the International Monetary Fund (IMF) warned the global economy is on the verge of a recession. In citing economic slowdowns in the United States, […] Read more
Global Markets: Rogers to explain massive service outage
Officials appearing in front of parliament committee
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Senior officials from Rogers Communications will appear in front of a parliamentary committee in Ottawa on Monday, at 10 am CDT to explain the company’s massive loss of service on […] Read more