Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the national unemployment rate remained at 5.5 per cent after three-straight monthly increases. Meanwhile, the economy added 40,000 jobs with the gains in the professional, scientific and technical services as well […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Auto Workers (UAW) made a labour contract counterproposal to Ford Motor Company regarding economic issues on Wednesday, while Chrysler’s parent company Stellantis said it will make a counteroffer later this week. Four-year labour agreements with 146,000 workers […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) will decide later today whether or not it will raise its key interest rate. While Canada’s inflation rate moved up to 3.3 per cent in July, other economic indicators may convince the central […] Read more

WINNIPEG – The ICE Futures canola market took a tumble coming out of the Labour Day weekend, testing the C$800 per tonne resistance level. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to begin the week. However, crude oil made gains after Saudi Arabia and Russia announced they were extending their respective […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford and British Columbia Premier David Eby wrote letters to Bank of Canada (BoC) governor Tiff Macklem asking the central bank to halt its ongoing interest rate hikes. Ford stated in his letter on Sunday […] Read more

Compiled by MarketsFarm   WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s economy contracted by an annualized rate of 0.2 per cent during the second quarter of 2023, according to a report from Statistics Canada on Friday. StatCan pointed to declines in […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   In the midst of a growing scandal, Ontario premier Doug Ford reiterated on Thursday that Municipal Affairs and Housing Minister Steve Clark will remain in his cabinet post. Clark has come […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Hurricane Idalia made landfall on Florida’s west coast on Wednesday, striking at the corner of the state’s panhandle. The category three hurricane has been forecast to create storm surges […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Tropical Storm Idalia was upgraded to a level three hurricane on Tuesday, as it moved towards the Florida Gulf Coast. Winds are projected to reach 180 kilometers per hour by Wednesday […] Read more

Compiled by MarketsFarm   WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Over the weekend, workers at Ford, General Motors and Stellantis were almost unanimous in their granting Unifor a strike mandate. The results reflect a similar vote among autoworkers in the United […] Read more