Global Markets: U.S. ups interest rate

By MarketsFarm WINNIPEG, Sept. 21 – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve upped its key overnight interest rate by 75 basis points on Wednesday as part of an ongoing effort to curb inflation. Many other world central banks followed suit by



Global Markets: Canadian inflation cools slightly

By MarketsFarm WINNIPEG, Sept. 20 – The following is a glance at the news moving markets in Canada and globally. – Canada’s annual rate of inflation cooled slightly in August, with the Consumer Price Index up by 7.0 per cent on the year, compared to 7.6 per cent the previous month, according to a report


Global Markets: Queen Elizabeth II mourned

By MarketsFarm WINNIPEG, Sept. 19 – The following is a glance at the news moving markets in Canada and globally. – The state funeral for Queen Elizabeth II was held in London on Monday, with hundreds of world leaders in attendance – including Canadian Prime Minister Justin Trudeau. The funeral procession through the streets of

Global Markets: Lift sanctions for nuclear agreement

Iran also wants guarantees from U.S.

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Iranian President Ebrahim Raisi stated on Friday that United States economic sanctions against his country must be lifted if there is to be a nuclear agreement. After months of indirect


Global Markets: U.S. avoids railway strike

Agreement comes after 20 hours of talks

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After 20 consecutive hours, an agreement was reached in the early hours of Thursday between major United States railways and unionized workers. The deal averts the first railway strike in

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