Global markets

By MarketsFarm   WINNIPEG, July 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian manufacturing sales increased by 1.2 per cent in May, hitting C$72.9 billion, according to a report from Statistics Canada. Chemical products and motor vehicles were both up by 4.8 per cent […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally.   The Organization of Petroleum Exporting Countries (OPEC) expects worldwide oil demand to increase by 2.44 million barrels per day in 2023 and then by another 2.25 million bpd in 2024, despite economic concerns in China and India, according […] Read more

By MarketsFarm   WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Vermont is recovering from heavy flooding after receiving two months worth of rain in the span of two days. A state of emergency was declared for the entire state on Tuesday, with […] Read more

By MarketsFarm   WINNIPEG, July 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Indonesia has seized an Iranian-flagged supertanker over suspicion it was involved in the illegal transshipment of crude oil. The MT Arman 114 was reportedly carrying 272,569 tonnes of light crude oil, valued […] Read more

By MarketsFarm   WINNIPEG, July 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The value of building permits issued in Canada increased by 10.5 per cent in May compared to the previous month, hitting C$10.5 billion, according to a report from Statistics Canada. Residential permits […] Read more

Compiled by MarketsFarm   WINNIPEG, July 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Friday that approximately 60,000 jobs were added in June, which far exceeded analysts’ job growth projections of 20,000. However, with more young people now searching for work […] Read more

Compiled by MarketsFarm   WINNIPEG, July 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian International Trade Minister Mary Ng, United States Trade Representative Katherine Taj and Mexican Secretary of Economy Raquel Buenrostro arrived in Cancun on Thursday for two days of talks. The ‘Three […] Read more

Compiled by MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Inflation in the European Union is expected to drop after the European Agency for Statistics reported on Wednesday a 1.5 per cent decline in the prices charged by factories during May. That […] Read more

Compiled by MarketsFarm   WINNIPEG, July 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   After negotiations stalled on Monday, the strike at 30 British Columbia ports entered its fourth day on Tuesday with approximately 7,400 workers off the job. The B.C. Maritime Employers Association and […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported today that Canada’s gross domestic product grew by 0.4 per cent in May, leaving the possibility open for another key interest rate hike by the Bank of Canada (BoC). The main drivers for the […] Read more