The Canadian dollar dipped 0.01 of a cent to
U.S. futures were slightly ahead with the Dow industrial futures up 27 points to 16,348 the Nasdaq futures rose 8.2 points to 3,864.8 and the S&P 500 futures gained five points to 1,910.25.
Geopolitical worries helped push stock markets lower this past week. The
Barclays Reserch also noted that there are "fears that
On top of this, there was a breakdown in the ceasefire between
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.
It has also been a heavy week for Canadian corporate earnings, which have been generally positive.
On Friday, auto parts giant
In other corporate developments,
Investors looking for safety pushed gold prices higher for a third day with the December bullion contract in
Elsewhere on the commodity markets, September crude in
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