• TSX +156.35 Fri to 13,751.47 (Reuters)
Signs of greater U.S. demand lifted oil prices and energy stocks while BMO was the first of the banks to deliver a solid earnings report
• DOW +38.45 to 12,394.66
• Dollar -.19c to 102.26c USD
• Oil +$1.73 to $101.32USD per barrel
Prices turned positive after data showed that U.S. crude inventories rose much less than expected last week. Oil also received a boost after Goldman Sachs , J.P. Morgan and Morgan Stanley said prices will rise later this year as the Libya conflict hits global supply.
• Gold +$3.40 to $1526.70 per ounce
Rising worries about the European government debt crisis helped send bullion prices higher for a fourth day
The spread (based on the NEW MERIX 5 yr rate published rate of 3.99%) is at the top of the comfort zone at 1.60. At the other end, the spread on the new 5yr Unpublished special of 3.79% is 1.40, at the bottom of the comfort zone.
