Global Markets: BoC makes big move

Unemployment data leads to sizeable cut

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Bank of Canada slashed its key interest rates by 50 basis points on Wednesday, lowering its overnight and deposit rates to 3.25 per cent and its bank rate to 3.75 […] Read more



Global Markets: Assad overthrown, flees to Russia

The following is a glance at the news moving markets in Canada and globally. – Syrian president Bashar al-Assad fled the country and was granted political asylum in Russia after Syrian rebels overthrew Assad’s government over the weekend. The rebels, led by former al-Qaeda affiliate Hayat al-Tahrir al-Sham, reached Damascus, freed prisoners and toppled Assad, […] Read more

Global Markets: Canadian unemployment rises

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Canada added 51,000 jobs in November, although the unemployment rate still increased by 0.3 percentage points at 6.8 per cent, as more people looked for work, reported Statistics Canada. Meanwhile, the United States Labor Department […] Read more


Global Markets: French Prime Minister ousted

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   French Prime Minister Michel Barnier was ousted Wednesday night in a no-confidence vote that saw far-right and far-left lawmakers in the country join forces to oust Barnier and his cabinet over opposition to the proposed […] Read more



Global Markets: Martial law in South Korea

President doesn't specify measures

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   South Korean President Yoon Suk Yeol declared “emergency martial law” on Tuesday, as he accused opposition parties of sympathizing with North Korea and engaging in anti-state activities. After narrowly winning the […] Read more

Global Markets: Biden pardons son

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   United States President Joe Biden has pardoned his son, Hunter, going back on previous promises that he would not use the powers of the presidency to benefit his family. Hunter Biden was facing possible prison […] Read more


Global Markets: Real GDP growth slows in Q3

Higher household spending helps sustain increase

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Canadian real gross domestic product continued to grow in 2024, expanding by 0.3 per cent in the third quarter, Statistics Canada reported on Friday. In the first and second quarters […] Read more

Global Markets: Canadian PM, premiers meet online

Premiers present united front

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian Prime Minister Justin Trudeau and the country’s premiers met in a virtual conference on Wednesday, discussing the tariff threat from the incoming Trump administration. Premiers representing the broad political spectrum […] Read more