Global Markets: U.S. inflation remains high

The Fed likely to raise interest rate further

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in the United States dipped slightly from 8.5 per cent in July to 8.3 per cent in August, according to the Bureau for Labor Statistics on Tuesday. That marked

Global Markets: Poilievre scores decisive win

Firebrand receives over 68 per cent of votes

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Former finance critic Pierre Poilievre cruised to an easy first round victory in the Conservative Party leadership race on Sept. 10. The 18-year Tory MP took more than 68 per


Global Markets: Queen Elizabeth II dead at 96

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Queen Elizabeth II, Canada’s head of state and the longest-reigning British monarch died Thursday at Balmoral Castle in Scotland at the age of 96. Elizabeth is survived by her four children, including King Charles III, as well as



Global Markets: BoC to raise key interest rate

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) is expected to raise its key interest rate for the fifth time in as many meetings later today. Many analysts predict that Canada’s central bank will raise the rate by 75 basis points



Global Markets: More jobs added to U.S. economy

August increases on top of July gains

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States economy was bolstered by the addition of 315,000 jobs in August, according to the Department of Labor on Friday. This followed the addition of 528,000 jobs in

Global Markets: Another Russian executive dies

Maganov opposed invasion of Ukraine

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ravil Maganov, the chair of Russian oil giant Lukoil, died on Thursday, becoming the latest high-profile businessperson in Russia to die under mysterious circumstances. While the Tass new agency said


Global Markets: Slower economic growth in June says StatCan

Q2 growth reported to be 3.3 per cent

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that the country’s GDP grew by an annual rate of 3.3 per cent in the second quarter following loosening of COVID-19 restrictions. For June, the

Global Markets: Climate change poses huge cost to economy

Report cites water as primary reason

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Climate change could lead to a C$139 billion loss in the Canadian economy over the next 30 years, according to a report released on Monday by global engineering firm GHD.