Global Markets: Trudeau to speak later Monday

By MarketsFarm

WINNIPEG, Jan. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Weekend protests in Ottawa over vaccine mandates were described as mainly peaceful by police, although a number of incidents were reported – including protestors disrespecting the Tomb of the Unknown Soldier and a statue of Terry Fox. Swastikas and other far-right/racist imagery were also spotted in the crowd. Vehicles continued to block most of downtown Ottawa on Monday and people were being advised to avoid the area. Prime Minister Justin Trudeau is scheduled to hold a news conference later Monday morning.

– The United States has reportedly prepared a list of Russian elites to hit with economic sanctions if Russia goes through with an invasion of Ukraine. Other penalties are also being discussed between the U.S. and its allies.

– The rising spread of the Omicron COVID-19 variant has caused the suspension of Iran’s parliament, with a number of parliamentarians infected. More cases were also being reported at the Olympic village in Beijing, as athletes begin to arrive ahead of the games.

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