Global markets

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States gross domestic product fell by a record 32.9 per cent in the second quarter of 2020, according to data from the Bureau of Economic Analysis. The decline was at the […] Read more

By MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The European Union will spend US$73.9 million to acquire enough doses of the drug remdesivir from pharmaceutical company Gilead to treat 30,000 COVID-19 patients. Health Canada has also just approved the drug for […] Read more

By MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Former Malaysian Prime Minister Najib Razak has been sentenced to 12 years in jail after being found guilty of multiple counts of fraud, corruption and abuse of power. The charges relate to a […] Read more

By MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Largely peaceful Black Lives Matter demonstrations across numerous cities in the United States turned violent in many cases over the weekend, with police and federal authorities deploying tear gas and other measures to […] Read more

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In response to the United States demanding China close its consulate in Houston, China has ordered the closure of the U.S. consulate in Chengdu, a city in southwest China. China has also demanded the […] Read more

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Jobless claims in the United States rose by over 100,000 to total 1.4 million during the week ended July 18. As COVID-19 cases surge across the country, some businesses have closed their doors again. […] Read more

By MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Recent data from Statistics Canada showed the annual rate of inflation was 0.7 per cent for the month of June. That is the first positive inflation marker since the COVID-19 pandemic took hold in […] Read more

By MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Recent data from Statistics Canada showed retail sales rebounded from sharp losses incurred in March and April. Retail sales were up by almost 19 per cent in May, thanks to increases in motor vehicles […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 20 – ICE Futures canola contracts were higher at midday Monday, due to strength in comparable vegetable oils. Chicago soyoil was stronger due to consistent export demand. Malaysian palm oil was also higher due to tightened supplies and steadily improving demand. Labour shortages also contributed to palm oil’s strength. […] Read more

By MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In the United States, COVID-19 deaths have surpassed 140,000, as cases continue to rise in Florida, California, Texas, and other states. Florida has reported over 10,000 new cases daily for the past five days. […] Read more