Global Markets: BoE freezes its interest rate

Rate stays at 5.25 per cent for now

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 Bank of England said on Thursday it will hold its interest rate at 5.25 per cent. Six of the nine members of the central bank’s Monetary Policy Committee voted to […] Read more

Global Markets: StatCan points towards economic growth in 2023

Projecting a turn around for Q4

Reading Time: 1 minute The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Wednesday that the country’s gross domestic product grew by 0.2 per cent in November, largely due to gains in goods-producing industries. Also, StatCan said the economy contracted 1.1 per cent in the third quarter of last […] Read more


Global Markets: Houthi attacks threaten global economic growth

IMF calling for 3.1 per cent growth

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 International Monetary Fund stated on Tuesday the global economy is being jeopardized by ongoing attacks on commercial vessels in the Red Sea by Houthi rebels. The IMF projected 3.1 per […] Read more

Global Markets: Biden to strike back, but avoid war

3 U.S. soldiers killed in drone attack

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.   Following a drone attack that killed three United States soldiers and injured several more in Jordan on Sunday, U.S. President Joe Biden stated there will be a “very consequential response.” However, […] Read more


Global Markets: UN court orders Israel to prevent genocide

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’ top court on Friday ordered Israel to take measures to prevent genocide against Palestinians and do more to help civilians but stopped short of ordering a ceasefire in Gaza. […] Read more

Global Markets: U.S. economic 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 grew at a 3.3 per cent annualized rate in the fourth quarter of 2023, defying predictions for a recession, according to early data from the country’s Commerce Department […] Read more


Global Markets: Russian plane carrying Ukrainian POWs crashes

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.   A Russian military transport plane carrying 74 passengers, including 65 Ukrainian prisoners of war, crashed on Wednesday in a border area near the city of Belgorod killing everyone onboard. The cause of the […] Read more

Global Markets: Canada to cap foreign student permits

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 Canadian government announced Monday that it will cap the number of international student permits issued over the next two years, as part of an effort to ease the country’s housing crisis while […] Read more


Global Markets: DeSantis suspends presidential bid

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.   Florida Governor Ron DeSantis suspended his Republican presidential campaign on Sunday and has endorsed rival Donald Trump. The exit of DeSantis leaves former United Nations Ambassador Nikki Haley as the only major […] Read more

Global Markets: Retail spending down in November

December sales point to increase

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 Friday that retail spending of C$66.6 billion during November slipped 0.2 per cent from October. At the heart of the decline were core retail sales which decreased […] Read more