Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Economic growth in China stumbled during May, according to the country’s National Bureau of Statistics on Thursday. The NBS said industrial output that month was 3.5 per cent, falling from 5.6 […] Read more
Global Markets: China’s economy slows in May
Declines in industrial output, retail sales
Global Markets: Fed rate freeze becoming likely
U.S. inflation drops in May, sparking possible turnaround
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Despite earlier expectations of another interest rate hike by the United States Federal Reserve, indications on Wednesday pointed to a rate freeze. The possibility of the about-face came after the Bureau […] Read more
Global Markets: Bunge, Glencore green light Viterra purchase
Bunge failed in 2017 to acquire Viterra
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, June 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In a unanimous vote on Monday, the boards for Bunge and Glencore approved the former’s proposal to acquire the latter’s 49.99 per cent stake in Viterra for US$8.2 billion. Reports said […] Read more
Global Markets: Glencore wants to buy Teck, sell Viterra
Bunge would be virtually on par with Cargill, ADM
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Glencore made headlines on Monday for two reasons. One, the Switzerland-based company said it’s continuing its pursuit of Teck Resources’ steelmaking coal business, now offering to pay cash. However, Glencore didn’t […] Read more
Global Markets: Trump indicted by feds
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Former United States President Donald Trump said on social media Thursday that he is being indicted on federal charges relating to his mishandling of classified documents at his Mar-a-Lago estate. Two people familiar with the situation confirmed to […] Read more
Global Markets: BoC raises key interest rate
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) decided to raise its key interest rate by 25 basis points to 4.75 per cent on Wednesday. While the central bank said earlier this year it planned on leaving its key interest rate […] Read more
Global Markets: BoC to announce key interest rate decision
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) will announce a decision on its key interest rate later this morning. While Canada’s central bank said earlier this year it planned to keep its key rate steady, recent economic data suggests that […] Read more
Global Markets: Trudeau to provide update on wildfires
Reading Time: < 1 minute WINNIPEG — The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau, along with Emergency Preparedness Minister Bill Blair and Environment Minister Steven Guilbeault, will provide an update later today on the wildfire situations across Canada. More than 150 fires were burning in Quebec, causing […] Read more
Global Markets: U.S. jobs growth beats expectations
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Jobs growth in the United States beat expectations in May, with the country’s nonfarm payrolls up by 339,000 jobs, according to a report from the Labor Department. The solid jobs data was […] Read more
Global Markets: Russia reportedly thwarts Ukrainian incursion
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Russia reportedly repelled several cross-border attacks from Ukraine, killing at least 30 Ukrainian soldiers, according to reports out of Moscow. Meanwhile, Russian aerial assaults on Kyiv continued, with the latest casualties including […] Read more