Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Strike action at seven German airports has led to thousands of flight cancellations and disruptions to an estimated 300,000 passengers. The workers are asking for higher wages and have threatened a ‘summer […] Read more
Global Markets: German airline strikes disrupt flights
Global Markets: Canadian unemployment rate dips to 5.0%
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The number of Canadians receiving regular Employment Insurance benefits fell by 2.0 per cent in December, to 398,000, continuing a downward trend in place since July 2022. The country’s unemployment […] Read more
Global Markets: U.S. issues new EV charger rules
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The United States issued new rules on a national electric vehicle charger network on Wednesday seeking to provide standardized access across the country. The new rules will also provide US$7.5 billion in […] Read more
Global Markets: U.S. inflation rate slowing
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The annual rate of inflation in the United States dipped slightly in January, coming in at 6.4 per cent compared to 6.5 per cent in December, according to the country’s latest report […] Read more
Global Markets: Another mysterious object shot down
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Feb. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. An unidentified flying object over Lake Huron was shot down by United States fighter jets on Sunday, marking the fourth incident of a mysterious flying object in North American airspace in a […] Read more
Global Markets: Canada gains 150,000 jobs in January
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 that the country’s economy added 150,000 jobs in January, well beyond pre-report expectations. It was the fifth consecutive month of job gains with 326,000 jobs added since September. Employment increased in five […] Read more
Global Markets: BoC reveals reasons for rate hike
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – On Wednesday, the Bank of Canada (BoC) released the deliberation notes behind its last key interest rate hike last month. The bank’s six-person Governing Council, which includes BoC Governor Tiff Macklem, met five times starting on Jan. 18 […] Read more
Global Markets: BoC to publish deliberation notes
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time ever, the Bank of Canada (BoC) will release a summary of its deliberations on the central bank’s latest key interest rate hike on Wednesday. On Jan. 25, the BoC increased the rate by 25 […] Read more
Global Markets: Recovery mission begins in Turkey, Syria
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Emergency personnel from nearly 30 countries went into Turkey and Syria after a devastating 7.8-magnitude earthquake struck both countries on Monday, with the death toll expected to surpass 5,000 and the injured totalling more than 23,000. Turkish President […] Read more
Global Markets: Earthquake rocks Turkey, Syria
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A powerful earthquake, measuring 7.8 on the Richter Scale, devastated southeastern Turkey and northern Syria on Monday, killing at least 1,900 people. Hundreds of others are still believed to be under rubble after numerous buildings collapsed. The United […] Read more