Global markets

By MarketsFarm WINNIPEG, Dec. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hudson’s Bay Co. has rejected an offer from Catalyst Capital Group Inc., a private-equity firm that valued the Canadian retailer at C$2 billion. A committee from Hudson’s Bay’s Board of Directors said the […] Read more

By MarketsFarm WINNIPEG, Dec. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) and their allies has been cut ahead of a meeting to discuss strategy for 2020. The cut was largely due to reductions […] Read more

By MarketsFarm WINNIPEG, Nov. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy slowed sharply in the third quarter of 2019 due to reduced exports and lowered business inventories. Gross domestic product (GDP) grew at 1.3 per cent from July to the end of […] Read more

WINNIPEG, Nov. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China has told the United States that it would take “firm counter measures” after the U.S. officially supported anti-government protestors in Hong Kong. On Wednesday, U.S. President Donald Trump signed a congressional legislation in support […] Read more

By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States economy grew by 2.1 per cent in the third quarter of 2019. That slightly exceeds initial estimates that were around 1.9 per cent, but is lower than the growth rate […] Read more

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Home prices in the United States rose for the second consecutive month, according to data from the private firm Standard & Poor. On Tuesday, they reported their national home price index increased by […] Read more

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – City council elections in Hong Kong over the weekend saw an overwhelming 400 of the 452 seats won by pro-democracy candidates, with voter turnout up sharply from previous elections. After winning only 100 […] Read more

By MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s retail sales in September were down 0.1 per cent largely due to weak motor vehicle sales, according to Statistics Canada. The federal agency released its retail sales report on Friday in which […] Read more

By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In Wednesday’s swearing-in of Canadian Prime Minister Justin Trudeau’s 37-member cabinet, Quebec MP Marie-Claude Bibeau was reappointed Agriculture Minister. Ontario MP Chrystia Freeland, who was born in Alberta, was shifted from Global Affairs […] Read more

By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau reveals his new cabinet on Wednesday, a month after the country’s federal election. Expectations are Global Affairs Minister Chrystia Freeland will be shuffled to a revamped Intergovernmental Affairs, […] Read more