By MarketsFarm
WINNIPEG, May 3 – The following is a glance at the news moving markets in Canada and globally.
– Europe is reportedly preparing to impose fresh sanctions against Russia as the war in Ukraine continues. The latest economic pressures against the aggressor in the conflict are expected to include a possible embargo on the purchase of Russian oil. Meanwhile, Russia is said to be close to formally annexing parts of eastern Ukraine, while evacuations continue from the city of Mariupol.
– Leaked documents from United States Supreme Court suggest the court has voted to overturn Roe v. Wade, the landmark 1973 ruling that legalized abortion in the country. Confirmation was lacking, with officials declining to comment. Abortion remains a highly divisive issue in the U.S.
– U.S. jobs data showed that employers in the country posted a record 11.5 million job openings in March, as a record 4.5 million Americans also quit their jobs during the month. The employment data was seen as a sign of the country’s tight labour market.
