By Commodity News Service Canada
WINNIPEG, April 4 (CNS) – The Canadian dollar finished flat
against its U.S. counterpart on Wednesday, as gains in crude oil
offset losses in gold bullion.
Canadian bonds had a tough day as an afternoon hike in
stocks prompted investors to flee safe havens. The trade tension
between China and the U.S. also pressured high-risk assets,
according to a report. Canada’s 10-year government bond rose to
a yield of 2.172%, compared to Tuesday’s mark of 2.147%.
The Canadian dollar settled on Wednesday at US$0.7807 cents
or C$1.2809, compared to Tuesday’s North American close of
US$0.7805 or C$1.2812.
The S&P/TSX Composite Index declined on Wednesday,
following losses in health-care. The TSX dipped 16.39 points, or
0.11%, to 15,164.37.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.06 at $ 16.34
Buhler Industries————dn $ 0.21 at $ 4.09
Maple Leaf Foods————-up $ 0.14 at $ 31.67
Nutrien Ltd.—————–dn $ 0.93 at $ 57.70
(All figures are in Canadian dollars.)
