Global markets

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Now at 6.9 per cent, the Canadian unemployment rate dipped 0.2 percentage points in October, beating expectations as employment increased by 67,000, reported Statistics Canada. Employment growth was highest in men aged 25 to 54 (33,000 jobs) and […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The Bank of England left its benchmark bank rate unchanged at 4.0 per cent on Thursday, after a 5-4 vote by its Monetary Policy Committee. Economists said the close vote and accompanying statement indicated that a cut could […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Prime Minister Mark Carney’s Liberal government released their first budget on Tuesday. It included about C$1 trillion in investment and posts a deficit over C$78 billion. The “Canada Strong” budget was touted as a “plan to transform our […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. State and mayoral elections are underway in the United States on Tuesday, with the off-year elections amid the ongoing shutdown of the country’s federal government widely seen as a referendum on President Donald Trump. Typhoon Kalmaegi reportedly left […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. • Famine is spreading in war-torn Sudan, said reports from international aid groups, with thousands of people forced to flee as the paramilitary Rapid Support Forces (RSF) advanced through the Darfur region. There were also reports of mass […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping on Friday, as the two discussed a number of trade issues, including agriculture, at the APEC summit in South Korea. Carney said […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States Treasury Secretary Scott Bessent said on Thursday that China is to buy 12 million tonnes of U.S. soybeans through January plus 25 million tonnes per year for the next three years. […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Bank of Canada cut its key interest rates by 25 basis points on Wednesday, bringing them to 2.25 percent. As well, the BoC forecast Canada’s gross domestic product to increase 1.25 per […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Hurricane Melissa will slam into Jamaica on Tuesday, as the Category 5 storm is set to be the strongest to strike the Caribbean island country in 174 years. The Jamaican government said it […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States and China have reached an agreement on a potential trade deal, reports said on Monday. The announcement came ahead of the scheduled meeting between U.S. President Donald Trump and Chinese […] Read more