Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ahead of the next consumer price index report from Statistics Canada, a survey by CTV News said on Monday economists are expecting inflation to nudge upward. The CPI was projected to […] Read more
Global Markets: July’s inflation expected to edge up
June's CPI the lowest in more than two years
Global Markets: Oil prices to rise
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Oil prices will potentially climb higher through 2023 before running into economic headwinds in 2024, according to a new report from the International Energy Agency (IEA). “Deepening OPEC+ supply cuts have collided […] Read more
Global Markets: Ecuador presidential candidate assassinated
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ecuadorean presidential candidate Fernando Villavicencio was assassinated on Wednesday while at a campaign event in the South American country’s capital, Quito. Villavicencio, a former journalist, was a vocal critic of organized crime […] Read more
Global Markets: Dozens dead after Mediterranean shipwreck
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Dozens of people are believed dead after a boat carrying migrants capsized in the central Mediterranean. Only four of the 45 people onboard the vessel survived the shipwreck and were brought to the […] Read more
Global Markets: Canadian trade deficit widens
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s merchandise trade deficit widened to C$3.7 billion in June, from C$2.7 billion the previous month, as exports dipped by 2.2 per cent and imports were down by 0.5 per cent, according […] Read more
Global Markets: Canadian unemployment rate edges higher
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate increased 0.1 percentage point in July, hitting 5.5 per cent, according to a report from Statistics Canada. That marked the third consecutive monthly increase. Ukrainian sea drones reportedly […] Read more
Global Markets: Bank of England raises interest rates
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Bank of England raised its key interest rate by a quarter of a percentage point on Thursday, taking it to a 15-year high of 5.25 per cent. The BoE also warned that […] Read more
Global Markets: Russia attacks Ukrainian inland port
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ukraine’s main inland port across the Danube River from Romania was attacked by Russia on Wednesday, destroying buildings and halting ships from moving grain from the country’s major alternative route to the […] Read more
Global Markets: Drone strikes hit Moscow office tower again
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. A Moscow office tower containing three Russian government ministries was struck by a drone for the second time in three days on Tuesday. Ukraine has not directly claimed responsibility for the strikes […] Read more
Global Markets: Uncertainty in Niger following coup
Reading Time: < 1 minute By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The situation in Niger remains uncertain days after a military junta seized power in a coup. West African nations have given the coup leaders one week to reinstate the country’s democratically elected […] Read more