Global markets

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Saudi Arabia announced on Sunday it will start a “voluntary reduction” of its oil production, cutting output by 500,000 barrels per day starting in May and lasting until the end of 2023. Saudi Arabia’s energy ministry said the […] Read more

Reading Time: 1 minute Compiled by MarketsFarm   WINNIPEG, March 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada (StatCan) reported on Friday that the country’s economy rebounded in January after slipping 0.1 per cent in December. StatCan found Canada’s GDP grew by 0.5 per cent that month […] Read more

Reading Time: 2 minutes Compiled by MarketsFarm   WINNIPEG, March 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   With the turmoil from the global banking crisis continuing, the Bank of Canada (BoC) indicated on Wednesday that it’s ready to step in should the crisis adversely affect Canadian financial institutions. […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, March 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The latest federal budget included a number of spending increases which are to increase the deficit from the C$30.6 billion projected in the fall to now C$40.1 billion. Among the items Finance […] Read more

Reading Time: 1 minute Compiled by MarketsFarm   WINNIPEG, March 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   On what could be the cusp of a recession, Canadian Finance Minister Chrystia Freeland will introduce the federal Liberal government’s next budget on Tuesday at 3 pm CDT. The media speculated […] Read more

Reading Time: 2 minutes Compiled by MarketsFarm   WINNIPEG, March 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian Finance Minister Chrystia Freeland is scheduled to introduce her next budget on Tuesday. A report said that the federal Liberal government will include a ‘grocery rebate’ that will go to […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday morning that retail sales rose 1.4 per cent during the month of January to C$66.4 billion. The increase in sales was attributed to a three per cent rise in sales at motor […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve on Wednesday announced that it will raise its key interest rates by one-quarter of a point despite an ongoing banking crisis. In a statement released by the Fed after the announcement, it read, […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden will make his first official in-person visit to Canada on Thursday before becoming the eighth U.S. President to address Parliament on Friday. Biden and Canadian Prime Minister Justin Trudeau are expected to discuss […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday morning that Canada’s inflation rate declined to 5.2 per cent in February, down from 5.9 per cent from the month before. StatCan noted that the decline was due to a high monthly […] Read more