Global markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Monday, with speculative short covering a feature. The May contract moved back above its 20-day moving average, which was supportive from a chart standpoint. Gains in Chicago soybeans and European rapeseed futures also provided some spillover support, although soyoil […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israeli forces raided the West Bank city of Ramallah overnight, conducting their largest operation in the Palestinian enclave in years. A 16-year-old was reportedly shot and killed in a refugee camp, after confrontations […] Read more

The following is a glance at the news moving markets in Canada and globally. – Brian Mulroney, the Progressive Conservative who served as Canada’s 18th Prime Minister from 1984 to 1993, has died, according to a statement from his family on Thursday. Born in Baie-Comeau, Que. and a lawyer by trade, Mulroney won the party’s […] Read more

The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Thursday that the country’s economy expanded at an annualized rate of one per cent in the fourth quarter of 2023. The agency cited a rise of exports as the primary reason for the economic growth, […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – After French President Emmanuel Macron said that nothing can be ruled out when it comes to Western nations sending in soldiers to combat Russian aggression, the White House reiterated its stance on Tuesday, saying the United […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden told reporters on Monday that he hopes for a ceasefire between Israel and Hamas by next weekend, adding that they are “very close” to having a deal done. Biden also said […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – In a meeting with Polish Prime Minister Donald Tusk in Warsaw on Monday, Canadian PM Justin Trudeau said the federal government will “step up significantly in its own military spending” in order to prevent Russian aggression […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   On the cusp of the third year of Russia’s invasion of Ukraine, the United States imposed sanctions on more than 500 Russian individuals and entities on Friday. The latest round of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher at mid-session Thursday, with some market participants believing there could be purchases by China behind the gains. However, one trader noted those rumours have been lurking around for some time without any confirmation. He suggested today’s increases could be spreaders shifting […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada said on Thursday that December retail sales were up 0.9 per cent at C$67.3 billion, with increases in five of the nine subsectors tracked. While the motor vehicle and […] Read more