Global Markets: U.S. inflation slows, but still high

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Inflation in the United States saw an unexpected slowdown in November, coming in at 2.7 per cent from 3.0 per cent in September. The October report was missed due to the government shutdown, while the November numbers were



Global Markets: Crude oil drops Tuesday

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices slipped to their lowest levels in over six months on Tuesday, as optimism over peace talks to end the war between Russia and Ukraine weighed on values. Weak economic data out of China was also



Global Markets: Ma bolts to Liberals

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. With now former Conservative MP Michael Ma having crossed the House of Commons floor to join the governing Liberals on Thursday, Prime Minister Mark Carney is one seat away from having a majority.

Global Markets: LeBlanc confident in trilateral trade deal

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Dominic LeBlanc, the federal Minister Responsible for Canada-United States Trade, told the Canadian Press on Wednesday that he believes U.S. President Donald Trump won’t tear up the Canada-U.S.-Mexico Agreement. LeBlanc’s comments came after


Global Markets: Rate freeze from the BoC

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There were no changes to the Bank of Canada’s key interest rates on Wednesday. The BoC opted to freeze its rates at 2.25 per cent as economic trends improved, In October, the central

Global Markets: Canadian fertilizer facing steep U.S. duties

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump threatened on Monday to slap “very severe tariffs” on imports of Canadian-made fertilizer as a means to bolster domestic production. Trump’s comments came a day after he alluded


Global Markets: Trump alludes to restarting trade talks

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump was coy when asked by the media on Sunday if trade talks with Canada would soon resume. Trump responded with “we’ll see,” adding that he and Prime Minister

Global Markets: Canada adds jobs in November

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported that the Canadian economy added 54,000 new jobs in November, lowering unemployment by 0.4 of a point at 6.5 per cent. Economists had previously projected slight job losses. StatCan also said there were