Global Markets: Russian infrastructure attacks intensify

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 16 – The following is a glance at the news moving markets in Canada and globally.   Russian missile attacks on Ukrainian infrastructure intensified on Friday, with “colossal damage” reported by Ukrainian officials. Nine power facilities were reportedly damaged in the attack, with electricity out across the country.   Twitter has […] Read more

Global Markets: Peru declares state of emergency

Reading Time: < 1 minute WINNIPEG, Dec. 15 – The following is a glance at the news moving markets in Canada and globally.   Peru’s new government has declared a 30-day state of emergency, suspending the rights of ‘personal security and freedom’ across the country in response to protests against the government that have turned violent at times. The protests […] Read more


Global Markets: Inflation slows in UK

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Dec. 14 – The following is a glance at the news moving markets in Canada and globally.   The United Kingdom’s annual rate of inflation fell from its 41-year high of 11.1 per cent hit in October to 10.7 per cent, according to the Office for National Statistics (ONS). The drop […] Read more

Global Markets: OPEC maintains oil demand outlook

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Dec. 13 – The following is a glance at the news moving markets in Canada and globally.   The Organization of Petroleum Exporting Countries (OPEC) left its forecast for global oil demand growth unchanged for 2022 and 2023 in its latest monthly report, noting that while “global economic uncertainties are high […] Read more


Global Markets: Iran carries out public execution

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Dec. 12 – The following is a glance at the news moving markets in Canada and globally.   Iran has carried out its second public execution of a protester, hanging Majidreza Rahnavard from a crane less than a month after he fatally stabbed two members of a paramilitary force. At least […] Read more

Global Markets: Putin threatens to cut Russian oil production

G7, EU cap Russian oil at US$60/barrel

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Russian President Vladimir Putin stated on Friday that his country’s oil industry may cut production in response to the G7/European Union’s cap on its crude oil. Any notable cut […] Read more


Global Markets: Griner returning to the U.S.

Whelan remains in Russian prison

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   United States basketball star Brittney Griner was released from a Russian penal colony on Thursday, in exchange for notorious arms dealer Viktor Bout. Griner was arrested at a Moscow […] Read more

Global Markets: BoC announcement today

Interest rates rising to 4 or 4.25 per cent

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The Bank of Canada (BoC) is scheduled to make its latest interest rate announcement at 9 am CST on Wednesday. Analysts have been split over the amount of the […] Read more


Global Markets: The amount Canadians owe rises

Auto loans, credit cards behind increase

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Multinational credit bureau Equifax stated on Tuesday that credit card debt in Canada rose 7.3 per cent in the third quarter compared to the same time last year. Equifax […] Read more

Global Markets: Price cap on Russian oil starts today

Places upper limit of US$60 per barrel

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The Group of Seven major economies’ cap on Russian oil imports kicked in on Monday, pegged at US$60 per barrel. The cap is said to halt “Russia profiting from […] Read more