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Global Markets: U.S. jobless claims rise

By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Weekly jobless claims in the United States were unexpectedly higher in the week ended Nov. 14, rising to 742,000 from 711,000 the previous week, according to the country’s Labor Department. Rising COVID-19 cases

Global Markets: Pfizer vaccine hits 95% efficacy in trials

By MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Phase three trials on the COVID-19 vaccine recently announced by Pfizer and BioNTech have shown 95 per cent efficacy against the virus, marking a five-point improvement from earlier results announced a week ago.

Global Markets: Humanitarian crisis in Ethiopia

By MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A “full-scale humanitarian crisis” in unfolding in Ethiopia’s northern Tigray region, according to the United Nations, as at least 27,000 people have fled the fighting into neighbouring Sudan. Ethiopia’s Prime Minister Abiy Ahmed,


Global Markets: Another promising COVID-19 vaccine announced

By MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Another COVID-19 vaccine is showing promising signs, with Moderna Inc. announcing an experimental vaccine with 94.5 per cent effectiveness rate in late-stage trials. The vaccine comes a week after Pfizer announced a vaccine

Global Markets: Trudeau pushing for increased restrictions

PM to offer C$3.5 billion to provinces

By MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau is expected to call on the provincial premiers on Friday to impose increased restrictions to stem the quickly growing spread of COVID-19 across much of the country. As

Global Markets: OPEC+ to consider production cut extension

Little support for cuts in 23-member alliance

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reports stated on Thursday that the Organization of Petroleum Exporting Countries and its allies, known as OPEC+, are considering a delay to any hikes in oil production by up to six months. So


Global Markets: Armenia, Azerbaijan reach peace deal

Russia brokers agreement, sending in peacekeepers

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After six weeks of bloody conflict, Armenia and Azerbaijan signed a peace agreement that will see Russia deploy peacekeepers on Tuesday between the warring sides in the disputed Nagorno-Karabakh region. Armenian Prime Minister

Global Markets: Pfizer vaccine looks promising

But unlikely to be ready by year's end

By MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Pfizer announced on Monday that its coronavirus vaccine could be 90 per cent effective as testing continues. The data is based on 94 infections in a study that encompasses 44,000 people in six