Glacier FarmMedia COVID-19 & the Farm

Global Markets: Canada adds more jobs in September

By MarketsFarm

WINNIPEG, Oct. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– The Canadian economy added 53,700 net jobs in September, taking the unemployment rate down to 5.5 per cent, according to a report from Statistics Canada. Expectations had been for much smaller jobs growth and for the unemployment rate to hold steady at 5.7 per cent.

– Turkish air and artillery strikes on Kurdish territory in northern Syria intensified on Friday, according to reports. Dozens of soldiers and at least 10 civilians have been killed so far. The Turkish offensive was launched after U.S. President Donald Trump withdrew U.S. troops from the region, essentially Kurdish allies who had fought with the U.S. against ISIS.

– An Iranian oil tanker was reportedly hit by two missiles off the coast of Saudi Arabia. A resulting oil leak was contained.

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