WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin blamed Western policies on his country’s invasion of Ukraine in remarks made during Victory Day celebrations in Moscow on Monday. The holiday marks the 77th anniversary of the Soviet Union’s victory over Nazi Germany […] Read more
Global Markets: Russia marks Victory Day, Trudeau visits Kyiv
Global Markets: 25 million tonnes of grain stuck in Ukraine
By MarketsFarm WINNIPEG, May 6 – The following is a glance at the news moving markets in Canada and globally. – An estimated 25 million tonnes of grain are stuck in Ukraine and unable to be exported due to infrastructure challenges and blocked Black Sea ports caused by the Russian invasion of the country, according […] Read more
Global Markets: Bank of England raises rates
By MarketsFarm WINNIPEG, May 5 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by a quarter point on Thursday, taking it to its highest level since 2009 of one per cent. Three of the nine rate setters voting […] Read more
Global Markets: Large U.S. interest rate hike expected
By MarketsFarm WINNIPEG, May 4 – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is set to release its latest policy statement later today, with general expectations that the central bank will raise its key overnight rate by half a percentage point. That […] Read more
Global Markets: Europe considering more sanctions against Russia
By MarketsFarm WINNIPEG, May 3 – The following is a glance at the news moving markets in Canada and globally. – Europe is reportedly preparing to impose fresh sanctions against Russia as the war in Ukraine continues. The latest economic pressures against the aggressor in the conflict are expected to include a possible embargo on […] Read more
Global Markets: Russia forces said to be redeploying to Ukraine’s east
Russia also targeting key infrastructure
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ukraine issued a claim on Monday that Russian forces are beginning to redeploy from the besieged port city of Mariupol to the country’s east. The claim was supported by the […] Read more
Global Markets: Rising inflation reported
By MarketsFarm WINNIPEG, April 29 – The following is a glance at the news moving markets in Canada and globally. – Canada’s real gross domestic product was up by 1.1 per cent on a monthly basis in February, marking the ninth monthly increase in a row. Preliminary estimates for March call for 0.5 per cent […] Read more
Global Markets: U.S. GDP unexpectedly down in first quarter
By MarketsFarm WINNIPEG, April 28 – The following is a glance at the news moving markets in Canada and globally. – The United States economy experienced an unexpected contraction in the first quarter of 2022, with the country’s gross domestic product down by 1.4 per cent on an annualized basis. The decline was the first […] Read more
Global Markets: Fossil fuel woes felt around the world
Russia cuts gas to Poland, Bulgaria
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia cut off gas supplies to Poland and Bulgaria on Wednesday after both countries refused to pay for the gas in Russian rubles. While Poland’s energy consumption is nine per […] Read more
Global Markets: Lavrov warns of war turning nuclear
'It should not be underestimated'
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As the United States and several other countries ramp up their military aid to Ukraine, Russia Foreign Minister Sergei Lavrov raised the spectre of a nuclear conflict on Tuesday. “The […] Read more