Global markets

Reading Time: < 1 minute WINNIPEG, June 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reports state that oil industry experts have told OPEC+ members that oil output from the United States will remain limited this year despite rising prices, according to sources within the organization. This is in anticipation […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States Federal Reserve Chair Jerome Powell announced on Wednesday that while the key benchmark interest rate will remain close to zero, he mentioned there could be two interest-rate increases by the end of 2023. With inflation at […] Read more

Reading Time: < 1 minute WINNIPEG, June 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that Canada’s inflation rate increased to 3.6 per cent year-by-year in May, the highest pace since 2011. The rate has increased from 3.4 per cent in April. Core inflation also rose […] Read more

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada Mortgage and Housing Corp. (CMHC) reported today that the annual pace of housing starts, including apartments, condominiums and multiple-unit housing projects, rose 3.2 per cent in May compared to April. The annual pace of urban starts was […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Israel’s parliament, the Knesset, approved the new coalition government led by Naftali Bennett on Sunday by a 60-59 vote, effectively ending the 12-year tenure of now-former Prime Minister Benjamin Netanyahu. Bennett, Netanyahu’s former Chief of Staff, will now […] Read more

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At the G7 summit in in the United Kingdom the member countries committed on Friday to providing one billion doses of COVID-19 vaccines to the world’s poorest countries. However, Oxfam […] Read more

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Six months after United States President Joe Biden cancelled the permit for the Keystone XL Pipeline, the Province of Alberta, along with TC Energy, announced on Wednesday that the controversial […] Read more

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Pembina Pipeline Corp. and the Western Indigenous Pipeline Group announced on Wednesday that they have formed Chinook Pathways in hopes of purchasing the Trans Mountain Pipeline from the Canadian government. […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Frustration over the closure of the Canada/United States border has been growing in both countries, just as the Canadian government explores a multi-phase approached to re-opening it. Prime Minister Justin […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Group of Seven (G7) countries are moving towards an agreement on taxing multinational companies that would include a global minimum corporate tax rate. “Multinational companies need to pay their […] Read more