Global Markets: Key interest rate hits 1.5 per cent

Second increase expected next month

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As economists widely expected, the Bank of Canada increased its key interest rate by a half point to 1.5 per cent on Wednesday. This followed the central bank’s previous half-point […] Read more



Global Markets: China pulls back some lockdown measures

Thirst for oil, tight supplies pushing up prices

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global stock markets and crude oil prices were on the rise Monday morning as China eased some of its COVID-19 restrictions. With China as the world’s second largest economy and […] Read more







Global Markets: Canada to ban Huawei, ZTE from 5G networks

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Thursday it will not allow Chinese telecommunications companies Huawei Technologies and ZTE access to the country’s 5G wireless networks, citing security concerns. Telecommunication firms in Canada will not be permitted to include any […] Read more