Global markets

WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As countries around the world test varying stages of re-opening measures, China’s health authority said the resurgence in cases of COVID-19 cases in recent days implies that measures cannot be relaxed yet. The country’s lockdown measures

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Saudi Arabia has announced another voluntary cut to its oil production, which brings its oil output to the lowest level in 18 years. The kingdom aims to produce just under 7.5 million barrels per

By MarketsFarm WINNIPEG, May 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that Canada’s unemployment rate jumped to 13.0 per cent in April from 7.8 per cent in March. The Labour Force Survey said almost two million jobs were lost

By MarketsFarm WINNIPEG, May 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Two Canadian manufacturers are resuming production after being shut down due to the COVID-19 pandemic. Bombardier announced on Thursday it is gradually reopen its aircraft and rail operations. General Motors said production at

By MarketsFarm WINNIPEG, May 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reactions were mixed on Tuesday after Canadian Prime Minister Justin Trudeau announced C$252 million in funding to assist the country’s farmers and food processors during the COVID-19 pandemic. Those in the potato industry

By MarketsFarm WINNIPEG, May 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada was among numerous countries who pledged on Monday to contribute towards a US$8 billion global fund working towards a vaccine for COVID-19. Most notably absent from making a contribution was the United

By MarketsFarm WINNIPEG, May 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian provinces of Alberta, Saskatchewan, Manitoba, Ontario and Quebec will begin reopening on Monday as they ease their COVID-19 lockdown restrictions in varying degrees. The three Prairie Provinces will allow non-essential medical

By MarketsFarm WINNIPEG, May 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Armed protestors occupied the Michigan state capitol building on Thursday arguing against emergency measures put in place by the Democrat governor to prevent the spread of COVID-19. – India will extend its coronavirus

By MarketsFarm WINNIPEG, April 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Cargill’s beef slaughterhouse in High River, Alta., will resume operations on May 4, operating one shift. The plant has been closed for nearly two weeks, as nearly half of the staff tested positive

By MarketsFarm WINNIPEG, April 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States economy contracted in the first quarter of 2020, with the country’s gross domestic product falling by 4.8 per cent, according to a report from the U.S. Commerce Department. The decline