Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland outlined C$8.9 billion in financial supports to help people affected by high inflation on Thursday in a speech to the Empire Club in Toronto. Already announced in the 2022 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve made its biggest key interest rate hike in 28 years with a raise of 0.75 of a point on Wednesday to a range between 1.5 and 1.75 per cent. The bold move was […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve will announce its latest key lending rate decision later on Wednesday, with many observers expecting the central bank to increase its rate by at least 0.75 of a point. A rate hike of […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government is expected to announce Tuesday it will end COVID-19 vaccine mandates for domestic travel on planes and trains, as well as outbound international travel. The mandates, which had been in place since Oct. 30, 2021, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Treasury yields in the United States traded at multi-year highs, while stock markets fell on Monday morning. U.S. two-year treasury yields rose above 10-year borrowing costs, creating a curve inversion which may signal an upcoming economic recession. Yields […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The House committee tasked with investigating the attacks on the United States Capitol on Jan. 6, 2021 used a prime-time, nationally-televised hearing on Thursday to reveal its preliminary findings. The hearing included never-before seen video of police officers […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau will have a busy day on Thursday at the Summit of The Americas in Los Angeles. He will meet with United States President Joe Biden, California governor Gavin Newsom, Argentina President Alberto Fernandez […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday that a plan by the United Nations for a grain corridor to carry Ukrainian products was “feasible”. Cavusoglu and his Russian counterpart Sergei Lavrov entered into discussions regarding a possible […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A poll from Food Banks Canada, conducted by Mainstream Research, found that one quarter of Canadians reported eating less than they should because they did not have enough money for food. One in five Canadians also reported going […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – China’s foreign ministry warned Canada of “severe consequences” of “risky provocation” on Monday after Canada’s military accused Chinese warplanes last week of harassing its patrol aircraft while monitoring North Korea for sanctions violations. China’s defence ministry also accused […] Read more