Global Markets: Switching from GameStop to silver

Trading pushes silver to seven year highs

By MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hot on the heels of the sharp spike in GameStop shares rebel traders have allegedly turned their attention to silver. The price of silver broke above US$30 per ounce on Monday, its highest […] Read more



GameStop stock wreak havoc on markets

WINNIPEG, Jan. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The meteoric ascent of United States-based video game retail chain GameStop on the stock market continues to raise eyebrows today as hedge funds suffer billions of dollars in losses. One share of GameStop (GME) was […] Read more


EU may restrict vaccine exports

WINNIPEG, Jan. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While pharmaceutical giants Pfizer and AstraZeneca are still grappling with delays in producing their COVID-19 vaccines, the European Union has warned it could restrict exports of vaccine made inside the bloc to other countries. EU […] Read more

Global Markets: Canada asks for ‘Buy American’ exemption

WINNIPEG, Jan. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Deputy Prime Minister Chrystia Freeland told CBC on Monday both Prime Minister Justin Trudeau and United States President Joe Biden have discussed the possibility of Canada being exempt from Biden’s newly-implemented “Buy American” provision. […] Read more


Foreign investment nearly cut in half

WINNIPEG, Jan. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A report released by the United Nations Conference on Trade and Development (UNCTAD) on Jan. 24 revealed that foreign direct investment (FDI) fell by 42 per cent in 2020 from US$1.5 billion to US$859 million. […] Read more

200,000 businesses could shutter

WINNIPEG, Jan. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian Federation of Independent Business released the results of a survey on Jan. 21, revealing as many as 181,000 businesses are considering closing their doors due to lockdowns and financial hardships brought on by […] Read more


Bank of Canada holds interest rate

WINNIPEG, Jan. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After releasing its Monetary Policy Report on Jan. 20, the Bank of Canada announced it was not changing its key interest rate, which will remain at 0.25 per cent. Despite the central bank predicting Canada’s […] Read more