Global markets

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

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s real domestic product increased by 0.7 per cent in the third quarter, according to a report released by Statistics Canada (StatCan) on Tuesday. The figure exceeded the national data agency’s preliminary estimate for growth, which was 0.4 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada will spend half a billion dollars over the next five years on improving military and intelligence co-operation in the Far East region, according to the federal government’s Indo-Pacific strategy, which was released to the public on Sunday. […] Read more

By MarketsFarm   WINNIPEG, Nov. 25 – The following is a glance at the news moving markets in Canada and globally.   New satellite imagery released by NASA show the extent of the damage done to Ukraine’s electrical grid, with most of the war-torn country in darkness compared to its neighbours. While Russia claims the […] Read more

WINNIPEG, Nov. 24 – The following is a glance at the news moving markets in Canada and globally.   China reported record new COVID-19 cases, with the 31,527 official cases from Wednesday the highest level since the pandemic began. The country has a strict zero-COVID policy, with the latest outbreak leading to lockdowns and mass […] Read more

By MarketsFarm WINNIPEG, Nov. 23 – The following is a glance at the news moving markets in Canada and globally.   Hundreds of workers at the Foxconn iPhone plant in Zhengzhou, China, were protesting Wednesday over a delay in bonus payments and frustration over harsh COVID-19 restrictions, with reports of smashed windows and surveillance cameras. […] Read more

By MarketsFarm   WINNIPEG, Nov. 22 – The following is a glance at the news moving markets in Canada and globally.   Canadian retail sales were down by 0.5 per cent in September, coming in at C$61.1 billion, according to a report from Statistics Canada. Sales were down in seven of 11 subsectors with the […] Read more