By MarketsFarm
WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– Brazil’s economy contracted by 0.2 per cent in the first quarter of 2019, marking the first decline since 2016. Economists are warning that another decline is possible in the second quarter, which would put the South American country in a recession.
– Canadian Prime Minister Justin Trudeau is set to meet with United States Vice President Mike Pence in Ottawa on Thursday. North American trade, China, and Venezuela are all expected to be on the agenda.
– The Toronto Raptors will meet defending champs the Golden State Warriors in the first game of the NBA championships on Thursday. The game marks the first time a Canadian team has made it to the basketball final.