Archives

By MarketsFarm WINNIPEG, March 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump announced a ban on travel between Europe and the U.S., effective Friday for 30 days. This move came in an attempt to combat the spread of the COVID-19 […] Read more

By MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The Canadian dollar was slightly weaker on Wednesday, remaining at its lowest point in years. The dollar finished the day at US$0.7275 or US$1=C$1.3745, compared to Tuesday when it closed at US$0.7283 or US$1=C$1.3731. Financial indices were in turmoil again, following an announcement from the World Health Organization […] Read more

By MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Following the dissolution of co-ordinated crude oil production cuts between OPEC and its allies, Saudi Arabia plans to increase crude oil production to total 13 million barrels per day. That is higher than […] Read more

By MarketsFarm WINNIPEG, March 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Large swaths of northern Italy are under lockdown in order to stymie the spread of the COVID-19 coronavirus. All travel in the northern peninsula must be avoided, unless justified by professional or health-related […] Read more

By MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil futures plummeted by over 30 per cent at the start of Monday’s trading due to a dissolved agreement between OPEC and Russia. Saudi Arabia will raise production rates and offer steep […] Read more

By MarketsFarm WINNIPEG, March 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While giving a speech in Washington on Thursday, Canadian Transportation Minister Marc Garneau said it could take up six months to fully assess the economic impact of the recent rail blockades. Numerous blockades […] Read more

By MarketsFarm WINNIPEG, March 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – California has declared a state of emergency over the COVID-19 coronavirus, after the first death in the United States outside of Washington State was reported. The virus continues to spread elsewhere around the […] Read more

By MarketsFarm WINNIPEG, March 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Organization of Petroleum Exporting Countries (OPEC), Russia and their oil-producing allies, known together as OPEC+, are again considering deeper crude oil production cuts as global demand has sagged due to the COVID-19 […] Read more

By MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The finance ministers and heads of the central banks from the G-7 countries discussed the coronavirus on Tuesday and what measures to take to prop up the global economy. The teleconference came the […] Read more

By MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Negotiations between senior cabinet ministers from the federal and British Columbia governments with Wet’suwet’en hereditary chiefs reached a proposed agreement on Sunday. While the details of the agreement are being kept under wraps […] Read more