Global markets

The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Thursday that the country’s economy expanded at an annualized rate of one per cent in the fourth quarter of 2023. The agency cited a rise of exports as the primary reason for the economic growth, […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – After French President Emmanuel Macron said that nothing can be ruled out when it comes to Western nations sending in soldiers to combat Russian aggression, the White House reiterated its stance on Tuesday, saying the United […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden told reporters on Monday that he hopes for a ceasefire between Israel and Hamas by next weekend, adding that they are “very close” to having a deal done. Biden also said […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – In a meeting with Polish Prime Minister Donald Tusk in Warsaw on Monday, Canadian PM Justin Trudeau said the federal government will “step up significantly in its own military spending” in order to prevent Russian aggression […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   On the cusp of the third year of Russia’s invasion of Ukraine, the United States imposed sanctions on more than 500 Russian individuals and entities on Friday. The latest round of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher at mid-session Thursday, with some market participants believing there could be purchases by China behind the gains. However, one trader noted those rumours have been lurking around for some time without any confirmation. He suggested today’s increases could be spreaders shifting […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada said on Thursday that December retail sales were up 0.9 per cent at C$67.3 billion, with increases in five of the nine subsectors tracked. While the motor vehicle and […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States Federal Reserve is scheduled to release the minutes of its January meeting at 1 pm Central on Wednesday. Analysts said the Fed’s monetary policy meeting would have likely […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Inflation in Canada dropped to an annualized 2.9 per cent in January, according to a report from Statistics Canada on Tuesday. Lower gasoline prices led to the decline the report said. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Friday, finding some support to end the week after hitting contract lows on Thursday. Canola futures were looking oversold from a chart standpoint, with prices possibly at a point to encourage some fresh exporter buying interest. Gains in […] Read more