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 Nations Security Council is set to vote Monday on a resolution demanding an immediate humanitarian ceasefire in Gaza during the Muslim holy month of Ramadan. Russia and China vetoed a […] Read more
Global Markets: UN Security Council to vote on Gaza ceasefire
Global Markets: Retail sales down in January
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that retail sales were down in January by 0.3 per cent at C$67 billion. Sales at motor vehicle and parts dealers dropped 2.4 per cent for their first decline in five […] Read more
Global Markets: Conservatives introduce non-confidence motion
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Conservative Party leader Pierre Polievre introduced a non-confidence motion in the House of Commons on Wednesday in order to trigger a snap election, but the move is likely to fail. The Tories want the Liberals to drop […] Read more
Global Markets: U.S. Fed to announce interest rate decision
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is expected to keep its key interest rates unchanged when it makes its policy rate announcement on Wednesday. Many economists expect the U.S. to wait until June before deciding to cut […] Read more
Global Markets: Inflation slows down in Canada
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Defying economists’ expectations, Canada’s annual inflation rate slowed down to 2.8 per cent in February, compared to 2.9 per cent in January, according to Statistics Canada on Tuesday. Many had expected the rate to surpass three per […] Read more
Global Markets: Putin re-elected in criticized vote
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Vladimir Putin was re-elected as Russia’s president with 87.8 per cent of the vote on Sunday, despite protests at home and abroad over the fairness of the election. Putin plans to serve another six-year term in office, […] Read more
Global Markets: Far-reaching tech problems disrupt McDonald’s
Canadian locations include in outage
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A world-wide technology outage temporarily closed operations in thousands of McDonald’s outlets on Friday. Reports said online and app orders were halted until the problem was resolved. Stores were affected in […] Read more
Global Markets: Manufacturing sales see small gain in January
Meanwhile, there are developments with TikTok, Reddit
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. Statistics Canada reported on Thursday that manufacturing sales in January bumped up 0.2 per cent from December at C$71.1 billion. There were increases in 11 of the 21 subsectors tracked, with […] Read more
Global Markets: Vote to ban TikTok today
Bill gives ByteDance a choice
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. As a bill in the United States House of Representatives to ban the social media app TikTok is set to pass with bipartisan support on Wednesday, China warned of repercussions. “This […] Read more
North American grain/oilseed review: Canola climbs higher
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Tuesday, hitting its highest levels in two-and-a-half months. Chart-based positioning was a feature, as values moved above some key moving averages and speculators covered some of their record large short positions in canola. Talk of increased Chinese demand was […] Read more