Global markets

WINNIPEG – The ICE Futures canola market took a tumble coming out of the Labour Day weekend, testing the C$800 per tonne resistance level. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to begin the week. However, crude oil made gains after Saudi Arabia and Russia announced they were extending their respective […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford and British Columbia Premier David Eby wrote letters to Bank of Canada (BoC) governor Tiff Macklem asking the central bank to halt its ongoing interest rate hikes. Ford stated in his letter on Sunday […] Read more

Compiled by MarketsFarm   WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s economy contracted by an annualized rate of 0.2 per cent during the second quarter of 2023, according to a report from Statistics Canada on Friday. StatCan pointed to declines in […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   In the midst of a growing scandal, Ontario premier Doug Ford reiterated on Thursday that Municipal Affairs and Housing Minister Steve Clark will remain in his cabinet post. Clark has come […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Hurricane Idalia made landfall on Florida’s west coast on Wednesday, striking at the corner of the state’s panhandle. The category three hurricane has been forecast to create storm surges […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Tropical Storm Idalia was upgraded to a level three hurricane on Tuesday, as it moved towards the Florida Gulf Coast. Winds are projected to reach 180 kilometers per hour by Wednesday […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Over the weekend, workers at Ford, General Motors and Stellantis were almost unanimous in their granting Unifor a strike mandate. The results reflect a similar vote among autoworkers in the United […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – U.S. Federal Reserve chair Jerome Powell will deliver a speech in Jackson Hole, Wyo. on Friday, with many observers believing he will keep benchmark interest rates at high levels for longer than expected. However, Powell has not indicated […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Yevgeny Prigozhin, the Wagner Group mercenary leader who led a brief armed rebellion against Russian President Vladimir Putin two months ago, is believed to be dead after the plane he was on crashed north of Moscow on Thursday. […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada in July increased by 0.4 per cent from June, according to an estimate from Statistics Canada released on Wednesday. It was the largest month-to-month gain since April. In June, retail sales increased by 0.1 […] Read more