Global markets

WINNIPEG, June 24 – The following is a glance at the news moving markets in Canada and globally. – Ukrainian forces are set to retreat from the besieged eastern city of Severodonetsk to avoid being encircled by Russian troops, according to reports. An estimated 500 soldiers and civilians remain holed up in an abandoned chemical […] Read more

By MarketsFarm WINNIPEG, June 23 – The following is a glance at the news moving markets in Canada and globally. – Ukraine is moving closer to membership in the European Union with leaders of the 27-nation bloc voting to unanimously approve their candidacy on Thursday. Ukraine made the request shortly after the Russian invasion at […] Read more

By MarketsFarm WINNIPEG, June 22 – The following is a glance at the news moving markets in Canada and globally. – An earthquake in a remote mountainous region of eastern Afghanistan near the Pakistan border has killed at least 1,000 people and injured many more, according to reports out of the country. The 6.1-magnitude quake […] Read more

By MarketsFarm WINNIPEG, June 21 – The following is a glance at the news moving markets in Canada and globally. – More than 40,000 railway workers in Britain were on strike Tuesday, marking the largest rail labour action in the country in 30 years. The strike caused major disruptions across the country, with the London […] Read more

By MarketsFarm WINNIPEG, June 20 – The following is a glance at the news moving markets in Canada and globally. – Heavy monsoon rains in Bangladesh and neighbouring India have killed more than 30 people with villages submerged and millions reportedly trapped by floodwaters. The flooding was described as the worst in 122 years, with […] Read more

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