The Canadian dollar was off 0.02 of a cent at
U.S. futures were also lower ahead of data on housing starts and consumer confidence later in the morning.
The Dow Jones industrial futures dipped nine points to 16,412, the Nasdaq futures lost 2.3 points to 3,561 while the S&P 500 futures were down one point to 1,866.25.
The TSX fell 85 points Thursday, while the Dow tumbled 167 points after data showed the economic recovery in
"Financial markets are clearly still skittish from the lack of positive catalysts this week," said
Traders will be particularly interested in the
Economists also expect U.S. housing starts to come in at a seasonally adjusted annual rate of 980,000, which would be the fastest growth since December, up from 946,000 in March.
This has also been a remarkable week in the fixed income area where bond yields have fallen sharply amid equity market nervousness.
The benchmark U.S. 10-year Treasury bond was at 2.5 per cent, after starting the week at 2.66 per cent and as low as 2.47 per cent on Thursday.
And the rally hasn't been confined to the U.S.
In earnings news, auto parts maker
And private equity firm
On the commodity markets, June crude gained
July copper was unchanged at
There was also major merger and acquisition activity Friday morning as restaurant chain
In other corporate developments, Germany’s economy minister says
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