Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – After French President Emmanuel Macron said that nothing can be ruled out when it comes to Western nations sending in soldiers to combat Russian aggression, the White House reiterated its stance on Tuesday, saying the United […] Read more
Global Markets: No troops in Ukraine, says White House
Global Markets: Israel-Hamas ceasefire ‘close’
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden told reporters on Monday that he hopes for a ceasefire between Israel and Hamas by next weekend, adding that they are “very close” to having a deal done. Biden also said […] Read more
Global Markets: Trudeau to “step up” defence funding
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – In a meeting with Polish Prime Minister Donald Tusk in Warsaw on Monday, Canadian PM Justin Trudeau said the federal government will “step up significantly in its own military spending” in order to prevent Russian aggression […] Read more
Global Markets: U.S. adds more sanctions on Russia
EU, UK follow suit
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. On the cusp of the third year of Russia’s invasion of Ukraine, the United States imposed sanctions on more than 500 Russian individuals and entities on Friday. The latest round of […] Read more
ICE Canola Midday: Reasons for gains not exact
Chinese buying, spreaders at work
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher at mid-session Thursday, with some market participants believing there could be purchases by China behind the gains. However, one trader noted those rumours have been lurking around for some time without any confirmation. He suggested today’s increases could be spreaders shifting […] Read more
Global Markets: Retail sales improve in December
StatCan projects decline for January
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 said on Thursday that December retail sales were up 0.9 per cent at C$67.3 billion, with increases in five of the nine subsectors tracked. While the motor vehicle and […] Read more
Global Markets: Fed minutes to shed light on next rate move
Analysts predict delay to interest rate cut
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. The United States Federal Reserve is scheduled to release the minutes of its January meeting at 1 pm Central on Wednesday. Analysts said the Fed’s monetary policy meeting would have likely […] Read more
Global Markets: Inflation falling in Canada
Annualized rate less than three per cent
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. Inflation in Canada dropped to an annualized 2.9 per cent in January, according to a report from Statistics Canada on Tuesday. Lower gasoline prices led to the decline the report said. […] Read more
ICE canola correcting off contract lows ahead of long weekend
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Friday, finding some support to end the week after hitting contract lows on Thursday. Canola futures were looking oversold from a chart standpoint, with prices possibly at a point to encourage some fresh exporter buying interest. Gains in […] Read more
Global Markets: Putin-critic Navalny dies in Russian prison
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. Russian opposition leader Alexei Navalny died in an Arctic penal colony 1,900km north of Moscow on Friday after taking a walk, according to reports, although confirmation and the cause of death were […] Read more