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 Thursday, with Canada already upping its own rate the previous week. Japan remained an outlier, keeping its rates unchanged – causing the yen to drop to a record low relative to the U.S. dollar.
– An Ebola outbreak in Uganda has already led to an estimated eight deaths, with dozens of contacts being traced in the East African country. The source of the outbreak has yet to be found as officials work to contain it.
– Nationwide protests in Iran over the death of a 22-year-old woman continued Thursday, with at least nine dead as people upset over the country’s restrictive social policies clash with security forces. Mahsa Amini died last week after being arrested in Tehran for wearing ‘unsuitable attire.’
