Global Markets: Canadian jobs down, U.S. sees growth

By MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s unemployment rate increased to 5.5 per cent in June, as the economy lost 2,200 jobs, according to updated data from Statistics Canada. Expectations had been for job gains of about 10,000 after

Global Markets: Workers freed from Saskatchewan mine

By MarketsFarm WINNIPEG, July 4 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – On Tuesday afternoon, 34 workers became trapped underground in a potash mine in Saskatchewan. The mine was not producing potash and was under maintenance. All workers have since been rescued. “All 34


Global Markets: Canadian economy posts trade surplus

By MarketsFarm WINNIPEG, July 3 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – The Canadian economy reported a trade surplus in the month of May, marking only the fourth monthly surplus since 2014. According to recent data from Statistics Canada, exports in May increased by

Global Markets: Oil futures fall after OPEC+ announcement

By MarketsFarm WINNIPEG, July 2 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Oil futures fell 1.2 per cent on Tuesday, following the decision by the Organization of Petroleum Exporting Countries and its allies to continue supply cuts. The decision was made in order to


Global Markets: Trump, Xi to talk at G20

By MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump and Chinese President Xi Jinping are set to hold a one-on-one meeting at the G20 summit in Japan this weekend. Analysts are uncertain what will come of the

Global Markets: U.S. unemployment numbers rise

By MarketsFarm WINNIPEG, June 26 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – U.S. consumer spending in the first quarter of 2019 was weaker than previously reported, growing at just 0.9 per cent. According to a recent report from the U.S. Department of Commerce, the


Global Markets: U.S. housing prices fell in April

By MarketsFarm WINNIPEG, June 25 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – The rate of rising home prices increased by less than expected in the United States. A recent report from Standard & Poor said the national home price index posted a 3.5 per