Global markets

By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As borders close and quarantine measures ramp up around the world in the battle against COVID-19, there are reports that life is slowly returning to normal in China. Al Jazeera reports that emergency […] Read more

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – More and more worldwide efforts to slow the spread of the COVID-19 coronavirus were taken over the weekend, with many public spaces closing, religious services cancelled, and schools shuttered. Developments in the unprecedented […] Read more

WINNIPEG, March 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Sophie Gregoire Trudeau, wife of Canadian Prime Minister Justin Trudeau, has tested positive for the COVID-19 coronavirus after traveling to the United Kingdom. Prime Minister Trudeau will self-quarantine for 14 days, though he is not […] Read more

By MarketsFarm WINNIPEG, March 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump announced a ban on travel between Europe and the U.S., effective Friday for 30 days. This move came in an attempt to combat the spread of the COVID-19 […] Read more

By MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The Canadian dollar was slightly weaker on Wednesday, remaining at its lowest point in years. The dollar finished the day at US$0.7275 or US$1=C$1.3745, compared to Tuesday when it closed at US$0.7283 or US$1=C$1.3731. Financial indices were in turmoil again, following an announcement from the World Health Organization […] Read more

By MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Following the dissolution of co-ordinated crude oil production cuts between OPEC and its allies, Saudi Arabia plans to increase crude oil production to total 13 million barrels per day. That is higher than […] Read more

By MarketsFarm WINNIPEG, March 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Large swaths of northern Italy are under lockdown in order to stymie the spread of the COVID-19 coronavirus. All travel in the northern peninsula must be avoided, unless justified by professional or health-related […] Read more

By MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil futures plummeted by over 30 per cent at the start of Monday’s trading due to a dissolved agreement between OPEC and Russia. Saudi Arabia will raise production rates and offer steep […] Read more

By MarketsFarm WINNIPEG, March 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While giving a speech in Washington on Thursday, Canadian Transportation Minister Marc Garneau said it could take up six months to fully assess the economic impact of the recent rail blockades. Numerous blockades […] Read more

By MarketsFarm WINNIPEG, March 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – California has declared a state of emergency over the COVID-19 coronavirus, after the first death in the United States outside of Washington State was reported. The virus continues to spread elsewhere around the […] Read more