Global Markets: Canadian unemployment rate edges up

By MarketsFarm   WINNIPEG, Nov. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s unemployment rate edged up 0.2 points in October to hit 5.7 per cent, according to a report from Statistics Canada. Total employment was up by 0.1 per cent with 18,000 new

Global Markets: Storm Ciaran batters Europe

By MarketsFarm   WINNIPEG, Nov. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Northwestern Europe was dealing with strong winds and rains brought on by Storm Ciaran on Thursday, with airports, trains and schools closed, and at least two people reported dead. Power was out


Global Markets: First evacuees leave Gaza

By MarketsFarm   WINNIPEG, Nov. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Seriously injured Palestinians and foreign passport holders were allowed to leave Gaza for the first time in over three weeks after a deal was reached between Egypt, Israel and Hamas allowing passage

Global Markets: Israel/Hamas fighting continues in Gaza

By MarketsFarm   WINNIPEG, Oct. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Fighting continues in Gaza despite mounting calls from the United Nations and other agencies for a humanitarian cease-fire, as civilians in the tiny Palestinian enclave struggle to obtain food and water. Israel


Global Markets: Israel ground attacks into Gaza intensify

By MarketsFarm   WINNIPEG, Oct. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Israel’s ground attack on Gaza intensified over the weekend, attacking Gaza City from both the east and west in an attempt at striking Hamas militants believed to be hiding in tunnels under

Global Markets: U.S. bombs targets in Syria

Facilities housed weapons, munitions for IRGC

Compiled by MarketsFarm   WINNIPEG, Oct. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   United States Secretary of Defence Lloyd Austin announced on Friday that U.S. military jets struck two facilities in Syria being used by Iran’s Islamic Revolutionary Guard Corps. The targeted facilities were


Global Markets: Israel launches raid into Gaza

A prelude to the coming full-scale invasion

Compiled by MarketsFarm   WINNIPEG, Oct. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Israeli Defense Forces announced on Thursday it carried out a “targeted raid” into northern Gaza overnight. While not the main invasion into the tiny Palestinian territory, the IDF said the raid

Global Markets: BoC set to make interest rate announcement

Rate expected to remain at five per cent

Compiled by MarketsFarm   WINNIPEG, Oct. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ahead of the Bank of Canada announcement on Wednesday at 9 am CDT, economists said they are expecting another interest rate freeze from the central bank. In September the BoC held


Global Markets: IEA boss warns of shift away from fossil fuels

Oil, gas not safe, secure choices says Birol

Compiled by MarketsFarm   WINNIPEG, Oct. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   With the wars in Gaza and Ukraine, the International Energy Agency stated on Tuesday that a sharp hike in fossil fuel prices could trigger a dramatic shift towards renewable energy, electric

Global Markets: Seaway workers off the job

C$16.7 billion worth of cargo transited St. Lawrence Seaway in 2022

Compiled by MarketsFarm   WINNIPEG, Oct. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Hundreds of workers for the St. Lawrence Seaway walked off the job on Sunday as negotiations between Unifor and the St. Lawrence Seaway Management Corporation fell apart. In the meantime, the