Global markets

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Goldman Sachs Group Inc. has expressed concerns that the United States-China trade war will devolve into an all-out recession. “We expect tariffs targeting the remaining $300bn of U.S. imports from China to […] Read more

By MarketsFarm WINNIPEG, August 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported Friday morning that approximately 24,200 jobs were lost in July, largely in the retail and wholesale sectors. Overall, 11,600 full-time jobs were gone along with 12,600 part-time positions. Canada’s unemployment […] Read more

By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil supplies in Western Canada reached their lowest amount since November 2017, according to BNN Bloomberg. Supplies dropped by 2.75 million barrels in July, an indication the production limits imposed by the […] Read more

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were down Wednesday morning as the United States/China trade war has raised concerns about the global economy and the demand for oil. Since U.S. President Donald Trump heated up the […] Read more

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Stock markets in the United States took a beating on Monday, as China used its yuan to stoke its trade war with the U.S. In the markets’ biggest losses of 2019 so far, […] Read more

By MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Although White House economic advisor Larry Kudlow said on Friday that United States President Donald Trump is displeased with the lack of progress made in U.S./China trade talks, Kudlow didn’t know if the […] Read more

By MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Chicago-based grains merchant and food processor Archer Daniels Midland reported a 41.3 per cent drop in their second-quarter adjusted profit on Thursday. In the second quarter the company’s adjusted net earnings were US$340 […] Read more

By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Negotiators for the United States and China met for an extra session of trade talks on Wednesday in Shanghai. Both sides deemed the half-day session to have been constructive, with discussions including China […] Read more

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The Canadian dollar was down Tuesday morning, due to declining values on the North American stocks As of 8:58 CDT, the Canadian dollar was at US$0.7580 or C$1.3183. That compares to Monday’s North American close of US$0.7599 or C$1.3159. At the start of trading the TSX/S&P Composite Index […] Read more

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In excess of 100 million computer files belonging to Capital One were hacked, the corporation announced on Monday. Approximately 100 million files pertaining to United States individuals and 6 million files in Canada […] Read more