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Global Markets: Hong Kong to delay election one year

By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hong Kong’s upcoming September Legislative Council election will be delayed for a year, after current chief executive Carrie Lam invoked emergency measures amid concerns over the COVID-19 pandemic. The delay is seen as


Global Markets: 101.5 million-year-old microbes revived

By MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The European Union will spend US$73.9 million to acquire enough doses of the drug remdesivir from pharmaceutical company Gilead to treat 30,000 COVID-19 patients. Health Canada has also just approved the drug for


Global Markets: U.S. demonstrations turn violent

By MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Largely peaceful Black Lives Matter demonstrations across numerous cities in the United States turned violent in many cases over the weekend, with police and federal authorities deploying tear gas and other measures to


Global Markets: China orders closure of U.S. consulate

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In response to the United States demanding China close its consulate in Houston, China has ordered the closure of the U.S. consulate in Chengdu, a city in southwest China. China has also demanded the

Global Markets: U.S. jobless claims rise

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Jobless claims in the United States rose by over 100,000 to total 1.4 million during the week ended July 18. As COVID-19 cases surge across the country, some businesses have closed their doors again.




ICE Canola Midday: Prices stronger at midday

By Marlo Glass, MarketsFarm WINNIPEG, July 20 – ICE Futures canola contracts were higher at midday Monday, due to strength in comparable vegetable oils. Chicago soyoil was stronger due to consistent export demand. Malaysian palm oil was also higher due to tightened supplies and steadily improving demand. Labour shortages also contributed to palm oil’s strength.