Global Markets: Inflation picks up steam in July

Drop in fuel prices slows from a year ago

Compiled by MarketsFarm   WINNIPEG, Aug. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Canada’s consumer price index rose in July as declines in fuel prices slowed. Statistics Canada reported on Tuesday that annualized inflation for last month was 3.3 per cent, up […] Read more

Global Markets: July’s inflation expected to edge up

June's CPI the lowest in more than two years

Compiled by MarketsFarm   WINNIPEG, Aug. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ahead of the next consumer price index report from Statistics Canada, a survey by CTV News said on Monday economists are expecting inflation to nudge upward. The CPI was projected to […] Read more


Global Markets: Oil prices to rise

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Oil prices will potentially climb higher through 2023 before running into economic headwinds in 2024, according to a new report from the International Energy Agency (IEA). “Deepening OPEC+ supply cuts have collided […] Read more

Global Markets: Ecuador presidential candidate assassinated

By MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ecuadorean presidential candidate Fernando Villavicencio was assassinated on Wednesday while at a campaign event in the South American country’s capital, Quito. Villavicencio, a former journalist, was a vocal critic of organized crime […] Read more



Global Markets: Canadian trade deficit widens

By MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s merchandise trade deficit widened to C$3.7 billion in June, from C$2.7 billion the previous month, as exports dipped by 2.2 per cent and imports were down by 0.5 per cent, according […] Read more


Global Markets: Canadian unemployment rate edges higher

By MarketsFarm   WINNIPEG, Aug. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s unemployment rate increased 0.1 percentage point in July, hitting 5.5 per cent, according to a report from Statistics Canada. That marked the third consecutive monthly increase.   Ukrainian sea drones reportedly […] Read more



Global Markets: Russia attacks Ukrainian inland port

By MarketsFarm   WINNIPEG, Aug. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ukraine’s main inland port across the Danube River from Romania was attacked by Russia on Wednesday, destroying buildings and halting ships from moving grain from the country’s major alternative route to the […] Read more