Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 19 – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden is expected to announce today that the country will release 15 million barrels of oil from its strategic reserve. The move comes in response to recently announced cuts to […] Read more
Global Markets: U.S. to release 15M barrels of strategic reserve oil
Global Markets: Third of Ukrainian power stations destroyed
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 18 – The following is a glance at the news moving markets in Canada and globally. – Russian drone and missile attacks across Ukraine over the past week have destroyed roughly a third of the embattled country’s power stations, according to reports. Water infrastructure has also been targeted. Ukraine has accused […] Read more
Global Markets: Russian drone strikes continue
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 17 – The following is a glance at the news moving markets in Canada and globally. – Russian air attacks on Ukraine continued Monday, with reports of drone strikes on targets in central Kyiv including an apartment building. Russia denies targeting civilians while Iran has denied supplying the drones used in […] Read more
Global Markets: Russia ramps up drone/missile attacks
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 13 – The following is a glance at the news moving markets in Canada and globally. – Russia continued to bombard Ukrainian cities, including Kyiv, with missile and drone attacks on Thursday, with numerous civilian targets hit. Iranian-made ‘kamikaze drones’ were reportedly used in some of the attacks, although Iran denies […] Read more
Global Markets: Zaporizhzhia nuclear plant loses power
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 12 – The following is a glance at the news moving markets in Canada and globally. – Russian missile strikes have caused a Ukrainian nuclear reactor to lose external power for the second time in the past five days, raising concerns over a possible radiation disaster at the Russian-occupied Zaporizhzhia plant. […] Read more
Global Markets: Russian missile strikes
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 11 – The following is a glance at the news moving markets in Canada and globally. – Deadly Russian missile strikes on numerous Ukrainian targets over the past few days marked the largest escalation of the conflict in months, with targets including parks and tourist destinations. The missile strikes came in […] Read more
Global Markets: Canada adds 21,000 jobs in September
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added 21,000 jobs in September for its first monthly gain in four months, according to a report from Statistics Canada released on Friday. That brought the jobless rate down 0.2 of a point to 5.2 per […] Read more
Global Markets: OPEC+ to cut production in November
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The OPEC+ alliance of oil-exporting countries announced on Wednesday it will cut crude oil production by two million barrels per day starting in November, the largest production cut since 2020. However, the impact of the production cuts on […] Read more
Global Markets: Putin signs territories into law
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin signed laws on Wednesday in an attempt to annex four Ukrainian territories. Last week, Russia held referendums in its occupied territories to absorb the Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhzhia, which were […] Read more
Global Markets: Legault, CAQ re-elected to second majority
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Coalition Avenir Quebec (CAQ), led by incumbent Premier Francois Legault, expanded on its majority in the province’s National Assembly after winning or leading in 89 out of 125 seats in Quebec’s general election on Monday. It was the […] Read more