Global markets

By MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Unemployment claims in the United States were higher than expected for the second week in a row, indicating that recovery from the COVID-19 pandemic may be slower than anticipated. Economists expected jobless claims to

By MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. At least five people are dead in Mexico following a 7.4 magnitude earthquake on the southern coastline on Tuesday. According to Oaxacan Health Services, the earthquake also damaged several hospitals throughout the province. A

By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Germany has imposed new lockdown orders in a district after a spike in COVID-19 cases linked to a meat processing plant. The Australian government has also closed two primary schools in Melbourne following a

By MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Cases of COVID-19 increased by 183,000 in a 24-hour period, which was a new record. The worldwide total is nearing 9 million, though at least 4.4 million people have recovered. South Korea is battling

By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Michael Kovrig and Michael Spavor have been formally indicted with espionage-related charges by Chinese prosecutors on Friday after 18 months of being detained. The two Canadians were arrested in China following the arrest

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Although the United States-Mexico-Canada Agreement (USMCA) doesn’t come into effect until July 1, the U.S. said it’s prepared to pursue legal action against its two partners. In testimony before the House of Representatives

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that the country’s inflation rate slipped to a minus 0.4 per cent annual pace in May. The decline was largely due to cheaper pump prices for gasoline, as

By MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Equifax Canada said on Tuesday that there was a sharp drop in credit card use at the end of March, which led to the first decline in consumer debt balances in more than

By MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There are growing fears around the world that the COVID-19 pandemic could be resurging. In the United States on Monday more than 20 states cited increases in the number of reported cases caused

By MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Widespread protests in Lebanon have escalated in recent days, as the country’s currency collapses to record lows. The Lebanese pound, which had been valued at 1,500 to one United States dollar for decades