Global markets

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Crude oil futures plummeted by over 30 per cent at the start of Monday’s trading due to a dissolved agreement between OPEC and Russia. Saudi Arabia will raise production rates and offer steep […] Read more

Reading Time: 2 minutes By MarketsFarm WINNIPEG, March 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While giving a speech in Washington on Thursday, Canadian Transportation Minister Marc Garneau said it could take up six months to fully assess the economic impact of the recent rail blockades. Numerous blockades […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – California has declared a state of emergency over the COVID-19 coronavirus, after the first death in the United States outside of Washington State was reported. The virus continues to spread elsewhere around the […] Read more

Reading Time: 2 minutes By MarketsFarm WINNIPEG, March 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Organization of Petroleum Exporting Countries (OPEC), Russia and their oil-producing allies, known together as OPEC+, are again considering deeper crude oil production cuts as global demand has sagged due to the COVID-19 […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The finance ministers and heads of the central banks from the G-7 countries discussed the coronavirus on Tuesday and what measures to take to prop up the global economy. The teleconference came the […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Negotiations between senior cabinet ministers from the federal and British Columbia governments with Wet’suwet’en hereditary chiefs reached a proposed agreement on Sunday. While the details of the agreement are being kept under wraps […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Five more countries reported their first cases of the COVID-19 coronavirus, raising concerns that it could soon turn into a global pandemic. More events were being cancelled, including the Geneva car show in […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Japanese Prime Minister Shinzo Abe is asking all schools from elementary through high school in the country to close for the month of March in an effort to curb the COVID-19 coronavirus outbreak. […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Air Canada has cancelled all flights to mainland China until April 10 in the face of the spreading COVID-19 coronavirus outbreak. The airline already grounded flights for the month of February. The daily […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – New cases of the COVID-19 coronavirus were reported in Croatia and Austria, with worldwide infections nearing 80,000, according to reports. The World Health Organization has not yet declared the outbreak a pandemic, but […] Read more