By MarketsFarm
WINNIPEG, Feb. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– Russian President Vladimir Putin met with China’s Xi Jinping on Friday, affirming a strategic alliance between the two countries. In a joint statement, China backed Russia’s opposition to NATO expansion. The meeting came amid ongoing tensions between Russia and Ukraine and as the 2022 Winter Olympics opened in Beijing.
– Canadian employment numbers fell by 200,000 in January, with the unemployment rate rising 0.5 points to 6.5 per cent, as the Omicron COVID-19 variant led to new public health measures across the country, according to a report from Statistics Canada. Meanwhile, the United States economy added 467,000 jobs in January, beating expectations. The U.S. unemployment rate was pegged at 4.0 per cent by the country’s Labor Department.
– Protests against vaccine mandates continued across Canada at a number of cities and border crossings on Friday, with expectations that more truckers and protestors would arrive in Ottawa this weekend.
