Global Markets: U.S. adds more sanctions on Russia

EU, UK follow suit

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   On the cusp of the third year of Russia’s invasion of Ukraine, the United States imposed sanctions on more than 500 Russian individuals and entities on Friday. The latest round of […] Read more

ICE Canola Midday: Reasons for gains not exact

Chinese buying, spreaders at work

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher at mid-session Thursday, with some market participants believing there could be purchases by China behind the gains. However, one trader noted those rumours have been lurking around for some time without any confirmation. He suggested today’s increases could be spreaders shifting […] Read more


Global Markets: Retail sales improve in December

StatCan projects decline for January

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada said on Thursday that December retail sales were up 0.9 per cent at C$67.3 billion, with increases in five of the nine subsectors tracked. While the motor vehicle and […] Read more

Global Markets: Fed minutes to shed light on next rate move

Analysts predict delay to interest rate cut

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States Federal Reserve is scheduled to release the minutes of its January meeting at 1 pm Central on Wednesday. Analysts said the Fed’s monetary policy meeting would have likely […] Read more


Global Markets: Inflation falling in Canada

Annualized rate less than three per cent

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Inflation in Canada dropped to an annualized 2.9 per cent in January, according to a report from Statistics Canada on Tuesday. Lower gasoline prices led to the decline the report said. […] Read more




Global Markets: Israeli forces storm Gaza hospital

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Israeli forces stormed a hospital in the southern Gaza city of Rafah on Thursday, claiming there was “credible intelligence” that Hamas had previously held hostages in the facility. Meanwhile, an Israeli air […] Read more


Global Markets: Explosions hit Iranian gas line

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Two explosions on Iran’s main gas pipeline were caused by “terrorism and sabotage,” according to government officials, although few details on the blasts or the extent of the damage caused were available. […] Read more

Global Markets: U.S. Senate passes Ukraine aid bill

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States Senate passed a US$95.3 billion aid package for Ukraine, Israel and Taiwan on Tuesday, with 22 Republicans joining Democrats to move the legislation forward by a vote of 70 […] Read more