Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford and British Columbia Premier David Eby wrote letters to Bank of Canada (BoC) governor Tiff Macklem asking the central bank to halt its ongoing interest rate hikes. Ford stated in his letter on Sunday

Compiled by MarketsFarm   WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s economy contracted by an annualized rate of 0.2 per cent during the second quarter of 2023, according to a report from Statistics Canada on Friday. StatCan pointed to declines in

Compiled by MarketsFarm   WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   In the midst of a growing scandal, Ontario premier Doug Ford reiterated on Thursday that Municipal Affairs and Housing Minister Steve Clark will remain in his cabinet post. Clark has come

Compiled by MarketsFarm   WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Hurricane Idalia made landfall on Florida’s west coast on Wednesday, striking at the corner of the state’s panhandle. The category three hurricane has been forecast to create storm surges

Compiled by MarketsFarm   WINNIPEG, Aug. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Tropical Storm Idalia was upgraded to a level three hurricane on Tuesday, as it moved towards the Florida Gulf Coast. Winds are projected to reach 180 kilometers per hour by Wednesday

Compiled by MarketsFarm   WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Over the weekend, workers at Ford, General Motors and Stellantis were almost unanimous in their granting Unifor a strike mandate. The results reflect a similar vote among autoworkers in the United

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – U.S. Federal Reserve chair Jerome Powell will deliver a speech in Jackson Hole, Wyo. on Friday, with many observers believing he will keep benchmark interest rates at high levels for longer than expected. However, Powell has not indicated

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Yevgeny Prigozhin, the Wagner Group mercenary leader who led a brief armed rebellion against Russian President Vladimir Putin two months ago, is believed to be dead after the plane he was on crashed north of Moscow on Thursday.

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada in July increased by 0.4 per cent from June, according to an estimate from Statistics Canada released on Wednesday. It was the largest month-to-month gain since April. In June, retail sales increased by 0.1

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Wildfires continue to burn in the Northwest Territories with approximately 68 per cent of the territory’s residents already evacuated. While light rainfall and winds helped prevent the spread, warmer than normal temperatures are expected for Tuesday in some