Global markets

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Aircraft manufacturer Boeing lost US$2.94 billion in the second quarter due to the grounding of its 737 MAX passenger jet. All 737 MAX jets were grounded followed two tragic crashes in Indonesia and

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Brexit hardliner Boris Johnson will become the next Prime Minister of the United Kingdom on Wednesday. On Tuesday, Conservative Party members gave Johnson, a former cabinet minister in Theresa May’s government, almost twice

By MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian wholesale trade dropped 1.8 per cent in May, according to a report Statistics Canada released on Monday. The drop was the first decline in five months and due to fewer motor vehicle

By MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Although economists predicted a 0.3 per cent increase in retail sales in Canada, sales were down 0.1 per cent in May, according to a Statistics Canada report released on Friday. When motor vehicles

By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Iran’s Revolutionary Guard has seized a foreign oil tanker reportedly smuggling fuel in the Persian Gulf. The vessel was the same ship that was initially towed into Iranian waters after sending out a

By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Consumer Price Index increased by 2.0 per cent on an annual basis in June, which compares with 2.4 per cent the previous month, according to a report from Statistics Canada. A 4.1

By MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – President of the Philippines Rodrigo Duterte is “seriously considering cutting diplomatic relations with Iceland”, according to a spokesperson, following efforts out of Iceland to spearhead a United Nations resolution looking into deaths stemming

By MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Chinese economic growth slowed to its weakest pace in nearly thirty years during the past quarter, according to updated data out of the country. The gross domestic product increased by 6.2 per cent

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tropical Storm Barry will put Louisiana’s post-Katrina flood defences to the test this weekend, in particular those of New Orleans. As of Friday, Barry was forecast to bring winds in excess of 80

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There has been finger pointing between the Ontario and federal governments after Bombardier announced this week it will lay off half of its 1,100 employees at the company’s Thunder Bay commuter rail vehicle