Thursday, January 20, 2011

Financial Update: January 20, 2011

  • TSX -120.16 to 13,439.04   as copper prices retreated from record levels while investors considered a mixed bag of U.S. earnings reports.

  • DOW-12.64 to 11,825.29  

  • Dollar -.27c to 100.45c USD   as new data showed a surprising decline in the manufacturing sector late last year. Stats Can reported that manufacturing sales declined 0.8 per cent in November, led by decreases in the motor vehicle and motor vehicle parts industries. Economists had expected an increase of 0.5 per cent.

  •  Oil -$.52 to $90.86 USD per barrel

  • Gold +$2.00 to $1370.20 per ounce     
 
Canadian 5 yr bond yields markets -.05bps to 2.52. The spread (based on the MERIX 5 yr rate published rate of 3.99%) is bouncing about in mid comfort zone at 1.47. http://www.tmxmoney.com/HttpController?GetPage=BondsAndRates&Language=en

(Courtesy of Barb Morgan, DBD Ontario Southwest)