Global markets

By MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The International Monetary Fund (IMF) did an about-face in its World Economic Outlook released on Tuesday. Instead of calling for global economic growth of 3.3 per cent, the IMF has now forecast a

By MarketsFarm WINNIPEG, April 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Global oil production is to be slashed by one-tenth as OPEC, Russia and the G20 reached an agreement after a week of phone calls and video conferences. Since the beginning of March there

By MarketsFarm WINNIPEG, April 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Vermont Senator Bernie Sanders has suspended his presidential campaign, leaving former United States Vice President Joe Biden as the likely Democratic challenger to Republican Donald Trump in the country’s upcoming presidential election. Sanders’s

By MarketsFarm WINNIPEG, April 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The acting secretary of the United States Navy, Thomas Modley, has resigned from his post amid controversy over his response to a COVID-19 outbreak on the USS Theodore Roosevelt aircraft carrier and his

By MarketsFarm WINNIPEG, April 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Japan has declared a state of emergency over COVID-19 and has announced nearly US$1 trillion worth of stimulus measures. The state of emergency is set to last for a month. It encompasses Tokyo

By MarketsFarm WINNIPEG, April 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadians out of work due to the COVID-19 pandemic, including those not normally covered under employment insurance, can access an online government portal to apply for the Canada Emergency Response Benefit (CERB) starting

By MarketsFarm WINNIPEG, Apr. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Although cases of COVID-19 are over a million around the world, some world leaders are attempting to return their countries to business as usual. Brazil’s far-right leader Jair Bolsonaro has attempted to loosen

By MarketsFarm WINNIPEG, Apr. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   United States jobless claims have hit 6.6 million, which is a new record for the country. The previous record was set last week, when 3.3 million lost their jobs. Economists expect even more

By MarketsFarm WINNIPEG, Apr. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Prime Minister Justin Trudeau has announced the federal government will spend C$2 billion on manufacturing protective personal equipment for healthcare workers fighting the COVID-19 pandemic. “Protective personal equipment is essential to protect healthcare

By MarketsFarm WINNIPEG, March 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   After over a year-long ban, China has agreed to allow Canadian canola imports again. This move comes after the COVID-19 pandemic lowered Chinese soybean stocks to the lowest point in almost a decade.