Glacier FarmMedia – Canola futures on the Intercontinental Exchange were under pressure in the middle of trading on Tuesday with negative sentiment in comparable oils. Chicago soyoil showed losses, while European rapeseed and Malaysian palm oil were also negative. Crude oil was also down despite easing concerns over United States-China relations and oversupply. All of […] Read more
Global Markets: Canola shows small declines
Global Markets: Canada’s inflation rate rises in September
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that Canada’s annual inflation rate rose to 2.4 per cent in September, mainly due to higher grocery prices. Groceries were four per cent more expensive than the year before, but gas […] Read more
Global Markets: Trump, Xi to meet later this month
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump confirmed on Friday he will meet with Chinese President Xi Jinping in South Korea on Oct. 31 to discuss trade issues, including China’s refusal to purchase U.S. soybeans. In an interview […] Read more
Global Markets: Canadian foreign minister meets Chinese counterpart
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian foreign minister Anita Anand met with her Chinese counterpart in Beijing, with trade at the top of the agenda. “Both ministers reaffirmed a shared commitment to engage at all levels to ensure the relationship and strategic partnership […] Read more
Global Markets: Canadian housing starts up
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian housing starts were up 14 per cent in September from the previous month, reported the Canada Mortgage and Housing Corporation. The seasonally adjusted annualized rate of housing starts at 279,234 beat average pre-report calls from economists predicting […] Read more
Global Markets: Canadian manufacturing sales dip
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent to C$85.4 billion. Strong export demand is forecast to cut into grain […] Read more
Global Markets: News outlets say new U.S. rules threaten press freedom
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. • New rules for reporters covering the United States Defense Department are being opposed by multiple major news organizations that claim the policies supported by Defense Secretary Pete Hegseth violate the country’s First Amendment. The New York Times, […] Read more
Global Markets: No change in unemployment says StatCan
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate was unchanged in September at 7.1 per cent as Statistics Canada released its labour force survey on Friday. StatCan also reported the employment rate nudged up by 60,400 jobs which […] Read more
Global Markets: Israel, Hamas sign ceasefire
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was jubilation in Israel and Gaza on Thursday, as Israel and Hamas signed a ceasefire agreement in Egypt. The deal comes after two years of war that has thoroughly devastated Gaza. Among […] Read more
Global Markets: No deal for Carney as meetings continue in D.C.
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was a cordial meeting between Canadian Prime Minister Mark Carney and United States President Donald Trump at the White House on Tuesday. Although a deal wasn’t reached, the groundwork was laid for […] Read more