Thursday, February 3, 2011

Financial Update: February 3, 2011


Some tips for those of you that might work from time to time out of your home "office".

  • TSX -32.33 to 13,680.29 as investors took in a rising level of violence as pro-government and anti-government protesters clashed in Egypt. 
  • DOW +1.81 to 12,041.97    . 
  • Dollar +.27c to 101.19c USD  
  • Oil +$.09 to $90.86 USD per barrel   Prices have ran ahead more than six per cent over the past four sessions on worries that Egyptian unrest could result in a closure of the Suez Canal.
  • Gold -$8.20 to $1332.10 per ounce  

Canadian 5 yr bond yields markets +.06bps to 2.62. The spread (based on the MERIX 5 yr rate published rate of 3.99%) has fallen to the bottom of the comfort zone at 1.37. (Please note, as of 9:25am ET this morning, yields are up an additonal 6 bps to 2.68)
     (courtesy of Barb Morgan, DBD Ontario Southwest)