The loonie was down 0.33 of a cent to
The jobless rate dipped 0.1 of a point to 7.0 per cent.
Traders were increasingly risk averse at the end of the week amid a number of geopolitical flashpoints.
Barclays Reserch also noted that there are "fears that
On top of this, there was a breakdown in the ceasefire between
Gold prices turned lower after two days of gains with the December bullion contract in
Traders bought into U.S. Treasuries and the yield on the benchmark 10-year bond stood at 2.39 per cent, down from 2.43 per cent late Thursday, which was already the lowest level of the year.
Elsewhere on the commodity markets, September crude in
There didn't seem to be much reaction to positive Chinese data. Exports jumped 14.5 per cent from a year earlier, double June’s 7.2 per cent growth, customs data showed Friday. However, imports fell 1.6 per cent, down from the previous month’s 5.5 per cent expansion.
The decline in July imports exceeded analyst forecasts and was a sign domestic economic activity might be weakening. So far this year, imports are down 0.8 per cent compared with the same period last year.
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