Global markets

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that retail sales rose 0.9 per cent in July at C$66.4 billion. They were given a boost by new car sales, which increased by 2.3 per cent, as well as sales […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Electronic devices used by members of Hezbollah in Lebanon exploded for the second straight day on Wednesday as security experts believes the supply chain for the devices was likely compromised. At least 20 people were killed […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is expected to announce on Wednesday it will cut its key interest rates for the first time in four years. While most analysts believe there will be a rate cut, they […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that Canada’s annual inflation rate dropped to two per cent in August, which is also the Bank of Canada’s (BoC) target rate and the lowest since February 2021. Mortgage interest and […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Air Canada said on Sunday it reached a tentative agreement with more than 5,400 of its pilots, represented by the Air Line Pilots Association (ALPA). Air Canada said its main airline and Air Canada Rouge will operate […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian wholesale sales grew 0.4 per cent in July to hit C$82.7 billion, according to a report from Statistics Canada. There were increases in four of the seven subsectors, led by the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The European Central Bank cut interest rates Thursday, taking its key deposit rate 25 basis points lower at 3.50 per cent. The move was widely anticipated, coming amid slowing inflation and economic […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Republican Donald Trump and Democrat Kamala Harris held a televised debate Tuesday evening just two months away from the Nov. 5 election. Former President Trump, and current Vice President Harris are running neck-and-neck […] Read more

By Phil Franz-Warkentin, MarketsFarm   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Ukraine launched its largest drone attack on Russia yet on Tuesday, targeting the Moscow region. At least one person was killed, with three out of Moscow’s four airports closed causing flights […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Typhoon Yagi hit Vietnam over the weekend, causing extensive damage and killing at least 21 people. The storm was the largest in Asia this year, and the most powerful to make landfall […] Read more