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Global Markets: New records set in Canadian heat wave

By MarketsFarm

WINNIPEG, June 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Records for the hottest temperatures ever recorded in Canada continued to be set, with Lytton, B.C. marking a daytime high of 49.6 Celsius on Tuesday, June 29. The village, located in the Fraser Canyon over 200km northeast from Vancouver, posted record breaking highs the previous two days as well, with the 46.6 C hit on June 27 marking the highest temperature in Canada since 45 C was hit in Saskatchewan in 1937. The ‘heat dome’ is moving eastward, with parts of Alberta and the Northwest Territories reporting their highest temperatures ever as well. Dozens of people have reportedly died due to the heat.

– Roughly half of Australia has entered into another COVID-19 lockdown in an effort to slow the spread of the contagious Delta variant. While COVID infections remain relatively low in Australia, a slow vaccine rollout means that only five per cent of the country is fully vaccinated.

– The United States military will reportedly complete its withdrawal from Afghanistan within the next few days, with only a few hundred troops expected to stay behind to protect the U.S. embassy in Kabul. The Taliban is reportedly making gains in the countryside, seizing territory as the U.S. withdraws.

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