Archives

By MarketsFarm   WINNIPEG, Sept. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The United Auto Workers (UAW) launched simultaneous strikes against Ford, General Motors and Stellantis (the parent company of Chrysler) on Friday, with about 13,000 workers walking off the job at targeted factories. […] Read more

By MarketsFarm   WINNIPEG, Sept. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were up by 0.2 per cent in July to hit C$81.3 billion, according to a report from […] Read more

By MarketsFarm   WINNIPEG, Sept. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Oil production cuts by Saudi Arabia and Russia, which have been extended through 2023, will lead to a “significant supply shortfall through the fourth quarter,” according to the latest report from the […] Read more

By MarketsFarm   WINNIPEG, Sept. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   At least 10,000 people were reported missing in Libya along with 1,000 already confirmed dead after flooding caused by Storm Daniel hit the North African country. As much as a quarter of […] Read more

By MarketsFarm   WINNIPEG, Sept. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   An earthquake in Morocco over the weekend, hitting 6.8 on the Richter sale, has left nearly 2,500 people dead, in what was the largest disaster for the country in more than 60 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the national unemployment rate remained at 5.5 per cent after three-straight monthly increases. Meanwhile, the economy added 40,000 jobs with the gains in the professional, scientific and technical services as well […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Auto Workers (UAW) made a labour contract counterproposal to Ford Motor Company regarding economic issues on Wednesday, while Chrysler’s parent company Stellantis said it will make a counteroffer later this week. Four-year labour agreements with 146,000 workers […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) will decide later today whether or not it will raise its key interest rate. While Canada’s inflation rate moved up to 3.3 per cent in July, other economic indicators may convince the central […] Read more

WINNIPEG – The ICE Futures canola market took a tumble coming out of the Labour Day weekend, testing the C$800 per tonne resistance level. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to begin the week. However, crude oil made gains after Saudi Arabia and Russia announced they were extending their respective […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford and British Columbia Premier David Eby wrote letters to Bank of Canada (BoC) governor Tiff Macklem asking the central bank to halt its ongoing interest rate hikes. Ford stated in his letter on Sunday […] Read more