Global Markets: 18 dead after glacier breaks away in India

By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hundreds of people are missing and at least 18 confirmed dead in northern India after a glacier broke away from the Himalayan mountains and triggered flooding. The resulting surge of water and rocks

Global Markets: Unemployment in Canada increases

Hits 9.4 per cent in January

By MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Unemployment in Canada ballooned in January with nearly 213,000 more people out of work, according to Statistics Canada on Friday. Analysts’ expectations were for unemployment to have increased by approximately 40,000 jobs, but


Global Markets: World food prices continue to rise

Prices up for eighth consecutive month

By MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global food prices increased for an eighth consecutive month, according to the United Nations Food and Agriculture Organization (FAO) on Thursday. The FAO said the cost of a basket of cereals, oilseeds, dairy

Global Markets: Canada looking to acquire more vaccines

Up to 11.6 by end of June

By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – By participating in an international vaccine sharing initiative known as COVAX, Canada could receive about 1.1 million doses of COVID-19 vaccines by the end of March, according to the federal government on Wednesday.



Global Markets: Switching from GameStop to silver

Trading pushes silver to seven year highs

By MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hot on the heels of the sharp spike in GameStop shares rebel traders have allegedly turned their attention to silver. The price of silver broke above US$30 per ounce on Monday, its highest


Global Markets: Robinhood eases trading restrictions

WINNIPEG, Jan. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Just one day after online brokers such as Robinhood placed buying halts on shorted stocks such as GameStop (GME) and AMC (AMC) causing them to fall, those stocks were rising again today as Robinhood eased

GameStop stock wreak havoc on markets

WINNIPEG, Jan. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The meteoric ascent of United States-based video game retail chain GameStop on the stock market continues to raise eyebrows today as hedge funds suffer billions of dollars in losses. One share of GameStop (GME) was


EU may restrict vaccine exports

WINNIPEG, Jan. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – While pharmaceutical giants Pfizer and AstraZeneca are still grappling with delays in producing their COVID-19 vaccines, the European Union has warned it could restrict exports of vaccine made inside the bloc to other countries. EU

Global Markets: Canada asks for ‘Buy American’ exemption

WINNIPEG, Jan. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Deputy Prime Minister Chrystia Freeland told CBC on Monday both Prime Minister Justin Trudeau and United States President Joe Biden have discussed the possibility of Canada being exempt from Biden’s newly-implemented “Buy American” provision.