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Global Markets: China strikes back with tariff hikes

By MarketsFarm WINNIPEG, August 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In the latest turn in the United States/China trade war, on Friday China announced it will impose tariffs of five to 10 per cent on approximately US$75 billion of U.S. goods in two […] Read more

Global Markets: Work to resume on Trans Mountain expansion

By MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Construction on the Trans Mountain pipeline expansion is set to get moving again, as the federally-owned company has issued “notice to proceed” directives to construction contractors. “Construction work will soon begin in communities […] Read more


Global Markets: Canadian inflation steady at 2.0%

By MarketsFarm WINNIPEG, Aug. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s annual rate of inflation held steady at 2.0 per cent in July, according to updated data from Statistics Canada. Pre-report market expectations had been for a slight dip in the Consumer Price […] Read more

Global Markets: Freed Iranian tanker on route to Greece

By MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – An Iranian oil tanker seized in early July is now on its way from Gibraltar to Greece. The vessel, carrying 2.1 million barrels of oil, was originally seized by the British Royal Marines […] Read more


Global Markets: Greenland not for sale

By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reports that United States President Donald Trump has expressed an interest in purchasing Greenland are being dismissed as a terrible idea by residents of the largely autonomous Danish country. “We are open for […] Read more

Global Markets: Canadian economy added 73,7000 jobs in July

By MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Canadian non-farm employment rose by 73,700 in July, according to the most recent report from a private firm. This reflects an increase in hiring in the trade, transportation, utilities, construction, leisure, and […] Read more


Global Markets: Concerns of global recession abound

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Recent economic data from numerous countries has stoked fears of a global recession. China and Germany have reported data that points to a cooling economy for both countries, and the yield curve […] Read more

Global Markets: U.S. consumer goods increase by 0.3 per cent

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – United States consumer prices rose 0.3 per cent in July, mainly due to rising prices for gas, medical care, and housing. Although the rate of inflation is increasing slightly, other economic indicators […] Read more


Global Markets: Goldman Sachs fears recession

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Goldman Sachs Group Inc. has expressed concerns that the United States-China trade war will devolve into an all-out recession. “We expect tariffs targeting the remaining $300bn of U.S. imports from China to […] Read more

Global Markets: Canada’s unemployment rate rises in July

By MarketsFarm WINNIPEG, August 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported Friday morning that approximately 24,200 jobs were lost in July, largely in the retail and wholesale sectors. Overall, 11,600 full-time jobs were gone along with 12,600 part-time positions. Canada’s unemployment […] Read more