Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A Michigan state judge declared on Thursday that the dispute between Michigan Governor Gretchen Whitmer and Enbridge Inc.’s Line 5 cross-border oil and gas pipeline should be settled in federal court, siding with the latter. Since December 2020, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Nations Secretary-General Antonio Guterres will meet with Ukrainian President Volodymyr Zelensky and Turkish President Recep Tayyip Erdogan in the Ukrainian city of Lviv on Thursday. They will discuss solutions to the war, address global food supplies and […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time in a year, Canada’s annual rate of inflation dropped from the month before. Statistics Canada reported on Tuesday that the rate declined 0.5 percentage points to 7.6 per cent in July. Gasoline prices were […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Monday that manufacturing sales dropped 0.8 per cent to C$71.8 billion in June, compared to a 1.1 per cent decline in May. Sales in the petroleum and coal industry fell 7.8 per cent in […] Read more

By MarketsFarm WINNIPEG, Aug. 11 – The following is a glance at the news moving markets in Canada and globally. – Satellite images of a Russian air base in Crimea show extensive damage, suggesting Ukraine may have increased its long-range missile capacity and potentially changing the course of the war, according to reports. Russia has […] Read more

By MarketsFarm WINNIPEG, Aug. 10 – The following is a glance at the news moving markets in Canada and globally. – Consumer prices in the United States held steady in July after moving up 1.3 per cent on a monthly basis in June as a 20 per cent drop in gasoline costs helped slow the […] Read more

By MarketsFarm WINNIPEG, Aug. 9 – The following is a glance at the news moving markets in Canada and globally. – The FBI conducted a raid on former United States President Donald Trump’s Mar-a-Lago estate in Florida on Monday, according to reports. Acting on a search warrant, the unannounced raid was said to be tied […] Read more

By MarketsFarm WINNIPEG, Aug. 8 – The following is a glance at the news moving markets in Canada and globally. – The United States Senate passed a wide-ranging bill on Sunday covering climate change, health care and corporate taxes. The Inflation Reduction Act now moves to the Democrat-controlled House of Representatives after the narrow 51-50 […] Read more

By MarketsFarm WINNIPEG, Aug. 5 – The following is a glance at the news moving markets in Canada and globally. – Canada’s unemployment rate held steady at 4.9 per cent in July, with Statistics Canada reporting a small 31,000 decline in employment during the month. Meanwhile, nonfarm payrolls in the United States were up by […] Read more

By MarketsFarm WINNIPEG, Aug. 4 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by half a percentage point on Thursday, taking the country’s Bank Rate to its highest level since 2008 at 1.75 per cent. The hike was […] Read more