Global Markets: U.S. inflation slides under seven per cent

Increases in shelter, food keep CPI from falling further

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Inflation in the United States dropped to an annual rate of 6.5 per cent in December, according to the Bureau of Labor Statistics on Thursday. The consumer price index fell

Global Markets: Computer outage affects thousands of flights

Exact cause of outage unknown

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Jan. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   More than 4,000 airline flights in the United States were cancelled or delayed on Wednesday due to a widespread computer outage, according to the Federal Aviation Administration (FAA). While


Global Markets: Canada to spend C$19 billion on jet fighters

F-35's to replace CF-18's by 2034

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   In an about face, Canada will procure 88 F-35 stealth fighter jets for approximately C$19 billion, Minister of National Defence Anita Anand announced on Monday. The Lockheed Martin F-35’s, of

Global Markets: Attempted insurrection in Brazil

Far-right claims election was stolen

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In scenes reminiscent of the Capitol Hill riot of Jan. 6, 2021, protests in Brasilia, Brazil turned violent on Sunday. The supporters of former far-right president Jair Bolsonaro stormed the Congress


Global Markets: Canada/U.S. add jobs

By MarketsFarm   WINNIPEG, Jan. 6 – The following is a glance at the news moving markets in Canada and globally.   Canada’s economy added 104,000 jobs in December while the unemployment rate dipped to 5.0 per cent, according to a report from Statistics Canada. Meanwhile, the United States Labor Department reported 223,000 new jobs

Global Markets: U.S. Speaker standoff continues

By MarketsFarm   WINNIPEG, Jan. 5 – The following is a glance at the news moving markets in Canada and globally.   The standoff over who will become the next Speaker of the United States House of Representatives continued into its third day on Thursday, as division within the majority-Republican party has already seen top-contender


Global Markets: U.S. Fed minutes to be released

By MarketsFarm   WINNIPEG, Jan. 4 – The following is a glance at the news moving markets in Canada and globally.   The United States Federal Reserve will release the minutes of its December policy meeting Wednesday afternoon, with investors expected to watch for any insight into future interest rate decisions. It’s generally expected that

Global Markets: Ukrainian conflict continues

By MarketsFarm   WINNIPEG, Jan. 3 – The following is a glance at the news moving markets in Canada and globally.   Russian drone strikes on Ukraine continued to start the New Year, although Ukraine claimed that all the latest wave of attacks were shot down. Meanwhile, reports that dozens of Russian troops staying in


Global Markets: Keystone reopens at reduced capacity

Suncor closing Colorado refinery for repairs

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   After a shutdown of more than three weeks, along with troublesome repairs, TC Energy reopened its Keystone pipeline on Friday. Earlier this month a leak was discovered in Kansas

Global Markets: Concerns that COVID-19 is far worse in China

Countries imposing travel restrictions

Compiled by Glen Hallick, MarketsFarm   WINNIPEG, Dec. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The day after China loosened its very strict COVID-19 lockdown measures, the markets took a negative reaction on Thursday. Fears are COVID-19 is far more widespread in the world’s