Global markets

By MarketsFarm   WINNIPEG, Dec. 13 – The following is a glance at the news moving markets in Canada and globally.   The Organization of Petroleum Exporting Countries (OPEC) left its forecast for global oil demand growth unchanged for 2022 and 2023 in its latest monthly report, noting that while “global economic uncertainties are high […] Read more

By MarketsFarm   WINNIPEG, Dec. 12 – The following is a glance at the news moving markets in Canada and globally.   Iran has carried out its second public execution of a protester, hanging Majidreza Rahnavard from a crane less than a month after he fatally stabbed two members of a paramilitary force. At least […] Read more

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Russian President Vladimir Putin stated on Friday that his country’s oil industry may cut production in response to the G7/European Union’s cap on its crude oil. Any notable cut […] Read more

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   United States basketball star Brittney Griner was released from a Russian penal colony on Thursday, in exchange for notorious arms dealer Viktor Bout. Griner was arrested at a Moscow […] Read more

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The Bank of Canada (BoC) is scheduled to make its latest interest rate announcement at 9 am CST on Wednesday. Analysts have been split over the amount of the […] Read more

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Multinational credit bureau Equifax stated on Tuesday that credit card debt in Canada rose 7.3 per cent in the third quarter compared to the same time last year. Equifax […] Read more

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The Group of Seven major economies’ cap on Russian oil imports kicked in on Monday, pegged at US$60 per barrel. The cap is said to halt “Russia profiting from […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the country’s unemployment rate declined slightly to 5.1 per cent in November according to its labour force survey. The report also said that 10,000 jobs were added to Canada’s economy during […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives voted on Wednesday to approve a bill which would avert a potential rail strike. The measure was approved by a vote of 290-137 and will then move on to the U.S. Senate. […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) announced on Tuesday it lost C$522 million in the third quarter, the first loss in its 87-year history. The central bank’s financial report stated that interest from its own assets did not exceed […] Read more