• TSX +78.78 to 13,332.92 (CP)
Rising oil and copper prices helped push the TSX higher while some strong U.S. earnings reports helped briefly divert investor attention from government debt worries.
• DOW +202.26 to 12,587.42
• Dollar +.88c to 105.17c USD
The Canadian dollar powered to its highest level against the U.S. dollar in 2-1/2 months after the Bank of Canada held its key interest rate steady, but hinted more firmly than before that it would resume increasing rates.
• Oil -$1.57 to $97.50 USD per barrel
Amid a survey by Platts, the energy information arm of McGraw-Hill Cos., that crude inventories likely fell by 1.3 million barrels last week while gasoline supplies probably dropped 450,000 barrels.
• Gold -$1.30 to $1601.10 USD per ounce
The spread (based on the MERIX 5 yr published rate of 3.84%) is at the top of the comfort zone at 1.65.
The spread based on the quick close of 3.64% is mid comfort zone at 1.42
