Global markets

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, July 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Indonesia has seized an Iranian-flagged supertanker over suspicion it was involved in the illegal transshipment of crude oil. The MT Arman 114 was reportedly carrying 272,569 tonnes of light crude oil, valued […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, July 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The value of building permits issued in Canada increased by 10.5 per cent in May compared to the previous month, hitting C$10.5 billion, according to a report from Statistics Canada. Residential permits […] Read more

Reading Time: 2 minutes Compiled by MarketsFarm   WINNIPEG, July 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Friday that approximately 60,000 jobs were added in June, which far exceeded analysts’ job growth projections of 20,000. However, with more young people now searching for work […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm   WINNIPEG, July 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian International Trade Minister Mary Ng, United States Trade Representative Katherine Taj and Mexican Secretary of Economy Raquel Buenrostro arrived in Cancun on Thursday for two days of talks. The ‘Three […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Inflation in the European Union is expected to drop after the European Agency for Statistics reported on Wednesday a 1.5 per cent decline in the prices charged by factories during May. That […] Read more

Reading Time: 2 minutes Compiled by MarketsFarm   WINNIPEG, July 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   After negotiations stalled on Monday, the strike at 30 British Columbia ports entered its fourth day on Tuesday with approximately 7,400 workers off the job. The B.C. Maritime Employers Association and […] 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 today that Canada’s gross domestic product grew by 0.4 per cent in May, leaving the possibility open for another key interest rate hike by the Bank of Canada (BoC). The main drivers for the […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States Federal Reserve chair Jerome Powell said to the Federal Open Market Committee on Wednesday that two more interest rate increases will likely be needed later this year in an effort to bring inflation down to a […] Read more

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Postmedia Network Canada Corp., which owns the Sun newspaper chain and The National Post, confirmed on Tuesday it is in merger talks with Nordstar Capital LP, which owns The Toronto Star. The two newspaper chains said the merger […] 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 that Canada’s inflation rate fell by one full percentage point to 3.4 per cent in May, the lowest it had been since June 2021. Forecasters and the Bank of Canada (BoC) expected […] Read more