WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau will have a busy day on Thursday at the Summit of The Americas in Los Angeles. He will meet with United States President Joe Biden, California governor Gavin Newsom, Argentina President Alberto Fernandez […] Read more
Global Markets: Trudeau to meet with Biden, others
Global Markets: UN-backed grain corridor “feasible”
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday that a plan by the United Nations for a grain corridor to carry Ukrainian products was “feasible”. Cavusoglu and his Russian counterpart Sergei Lavrov entered into discussions regarding a possible […] Read more
Global Markets: One in four Canadians eating less: poll
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A poll from Food Banks Canada, conducted by Mainstream Research, found that one quarter of Canadians reported eating less than they should because they did not have enough money for food. One in five Canadians also reported going […] Read more
Global Markets: China warns Canada about surveillance mission
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – China’s foreign ministry warned Canada of “severe consequences” of “risky provocation” on Monday after Canada’s military accused Chinese warplanes last week of harassing its patrol aircraft while monitoring North Korea for sanctions violations. China’s defence ministry also accused […] Read more
Global Markets: World food prices a little below record levels
Prices shot up after Russia invaded Ukraine
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As global food prices eased back a little in May, they remained at near record levels, according to a report from the United Nations on Friday. The UN food price […] Read more
Global Markets: Saudi Arabia willing to increase oil output
Biden to visit oil rich kingdom this month
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ahead of Thursday’s OPEC+ meeting, Saudi Arabia signaled it’s prepared to increase its oil production if supplies of Russian crude on the global market begin to wane. Also, United States […] Read more
Global Markets: Key interest rate hits 1.5 per cent
Second increase expected next month
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As economists widely expected, the Bank of Canada increased its key interest rate by a half point to 1.5 per cent on Wednesday. This followed the central bank’s previous half-point […] Read more
Global Markets: Canada’s economy expands by 3.1 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy expanded by a less-than-expected 3.1 per cent annualized pace in the first quarter, Statistics Canada reported on Tuesday. By comparison, many economists had predicted a 5.2 per cent increase in GDP while there was a 6.6 […] Read more
Global Markets: China pulls back some lockdown measures
Thirst for oil, tight supplies pushing up prices
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global stock markets and crude oil prices were on the rise Monday morning as China eased some of its COVID-19 restrictions. With China as the world’s second largest economy and […] Read more
Global Markets: WHO confirms monkeypox in more than 20 countries
By MarketsFarm WINNIPEG, May 27 – The following is a glance at the news moving markets in Canada and globally. – Nearly 200 cases of monkeypox have been confirmed in more than 20 countries that are not usually known to have outbreaks of the disease endemic to West Africa, according to a report from the […] Read more