Global Markets: U.S. Treasury yield curves signal recession

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Treasury yields in the United States traded at multi-year highs, while stock markets fell on Monday morning. U.S. two-year treasury yields rose above 10-year borrowing costs, creating a curve inversion which may signal an upcoming economic recession. Yields

Global Markets: Jan. 6 committee conducts prime-time hearing

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The House committee tasked with investigating the attacks on the United States Capitol on Jan. 6, 2021 used a prime-time, nationally-televised hearing on Thursday to reveal its preliminary findings. The hearing included never-before seen video of police officers


Global Markets: Trudeau to meet with Biden, others

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau will have a busy day on Thursday at the Summit of The Americas in Los Angeles. He will meet with United States President Joe Biden, California governor Gavin Newsom, Argentina President Alberto Fernandez

Global Markets: UN-backed grain corridor “feasible”

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday that a plan by the United Nations for a grain corridor to carry Ukrainian products was “feasible”. Cavusoglu and his Russian counterpart Sergei Lavrov entered into discussions regarding a possible


Global Markets: One in four Canadians eating less: poll

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A poll from Food Banks Canada, conducted by Mainstream Research, found that one quarter of Canadians reported eating less than they should because they did not have enough money for food. One in five Canadians also reported going

Global Markets: China warns Canada about surveillance mission

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – China’s foreign ministry warned Canada of “severe consequences” of “risky provocation” on Monday after Canada’s military accused Chinese warplanes last week of harassing its patrol aircraft while monitoring North Korea for sanctions violations. China’s defence ministry also accused


Global Markets: World food prices a little below record levels

Prices shot up after Russia invaded Ukraine

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As global food prices eased back a little in May, they remained at near record levels, according to a report from the United Nations on Friday. The UN food price

Global Markets: Saudi Arabia willing to increase oil output

Biden to visit oil rich kingdom this month

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ahead of Thursday’s OPEC+ meeting, Saudi Arabia signaled it’s prepared to increase its oil production if supplies of Russian crude on the global market begin to wane. Also, United States