Glacier FarmMedia COVID-19 & the Farm

Global Markets: OPP moves in on rail blockade

By MarketsFarm

WINNIPEG, Feb. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– An increase in new cases of the COVID-19 coronavirus outside of China over the weekend has led to heightened fears over the outbreak, with Iran, Italy and South Korea all of ‘special concern’ for the World Health Organization. Global energy and equity markets were all under pressure Monday morning, while gold and the U.S. dollar strengthened.

– Democratic presidential hopeful Bernie Sanders won the Nevada caucus by a wide margin over second-place Joe Biden on Saturday. Sanders has the clear lead among all the candidates looking to lead the Democratic Party against Republican President Donald Trump in the upcoming U.S. federal election.

– The Ontario Provincial Police moved in Monday morning to remove Mohawk demonstrators blocking the CN Rail line near Bellville, Ont. The Ontario protests were in solidarity with Wet’suwet’en hereditary chiefs opposing a natural gas pipeline through their territory in British Columbia.

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