Global Markets: Big rate cut looming

Bank of Canada to make announcement on Wednesday

Reading Time: < 1 minute By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Ahead of the Bank of Canada’s next interest rate announcement, analysts on Monday predicted the central bank could slash its rates by upwards to a half of a percentage point. Forecasters […] Read more

Global Markets: Hamas leader confirmed dead

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Hamas has confirmed that its leader, Yahya Sinwar, was killed in southern Gaza in a recent Israeli attack. Analysts were unsure if Sinwar’s death would hasten the end of the year-long war in Gaza. Hamas […] Read more


Global Markets: ECB cuts rates

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   The European Central Bank lowered its key interest rates by 25 basis points on Thursday, citing easing inflation risks. The rate cuts were the third of the past year as the ECB works to bring […] Read more

Global Markets: Israeli attacks on Lebanon/Gaza continue

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   The latest Israeli airstrikes across Lebanon killed at least 21 people, according to reports. One airstrike on a town in southern Lebanon left six people dead, including the town’s mayor, according to reports. Lebanon’s interim […] Read more


Global Markets: Canada/India expel diplomats

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Diplomatic tensions between Canada and India intensified Monday, with each country expelling six of the other country’s diplomats. Canada linked the six Indian diplomats expelled to the assassination of Sikh leader Hardeep Singh Nijjar in […] Read more

Global Markets: Hurricane Milton hits Florida

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Hurricane Milton passed over Florida overnight, leaving at least three million households and business without power. The storm whipped up tornadoes, destroyed buildings and killed at least four people. The storm surge was not as […] Read more


Global Markets: Middle East conflict continues

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Fighting between Hezbollah and Israeli forces in Lebanon continued Wednesday, while the latest Israeli strikes in Gaza left 45 Palestinians dead, according to reports. United States President Joe Biden is set to talk with Israeli […] Read more

Global Markets: Canadian trade deficit widens

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s international trade deficit widened to C$1.1 billion in August, as imports increased by 0.3 per cent and exports fell by 1.0 per cent, Statistics Canada reported Tuesday. The data included a […] Read more


Global Markets: One-year anniversary of war in Gaza

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The first anniversary of the war in Gaza saw Israel launch more air attacks on the Palestinian territory while also increasing its ground offensive. Meanwhile, Hamas launched missiles at Tel Aviv. To […] Read more

Global Markets: U.S. jobs growth beats expectations

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   The United States economy added 254,000 jobs in September, reported the country’s Labor Department. That surpassed average trade guesses which were about 100,000 lower. The country’s unemployment rate slipped to 4.1 […] Read more