Global markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States economy grew at a 3.3 per cent annualized rate in the fourth quarter of 2023, defying predictions for a recession, according to early data from the country’s Commerce Department […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   A Russian military transport plane carrying 74 passengers, including 65 Ukrainian prisoners of war, crashed on Wednesday in a border area near the city of Belgorod killing everyone onboard. The cause of 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 Canadian government announced Monday that it will cap the number of international student permits issued over the next two years, as part of an effort to ease the country’s housing crisis while […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Florida Governor Ron DeSantis suspended his Republican presidential campaign on Sunday and has endorsed rival Donald Trump. The exit of DeSantis leaves former United Nations Ambassador Nikki Haley as the only major […] 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 reported on Friday that retail spending of C$66.6 billion during November slipped 0.2 per cent from October. At the heart of the decline were core retail sales which decreased […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Tensions in the Middle East ramped up further on Thursday as Pakistan launched missile and drone attacks on targets in Iran. The strikes were in retaliation for Iran having fired missiles […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Oil production in Alberta jumped 8.8 per cent in November at 4.2 million barrels per day, according to the Alberta Energy regulator on Tuesday. The increase was in preparation of the […] 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 reported on Tuesday that inflation in December rose to 3.4 per cent on an annual basis, compared to 3.1 per cent in November and matching the high end of […] Read more

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Ahead of the Statistics Canada report on inflation, analysts said on Monday they are expecting a small increase in the consumer price index for December. Inflation for November was pegged at […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States and United Kingdom launched dozens of airstrikes across Yemen overnight in retaliation against Houthi forces backed by Iran who have been attacking ships moving through the Red Sea. “These targeted […] Read more