Friday, July 3rd16.2°C
25993
24949

The buck is up

The Canadian dollar moved slightly higher Tuesday as traders took in data suggesting that the eurozone and Chinese economies are improving.

The currency gained 0.04 of a cent to 100.18 cents US after Markit, a financial information group, said its purchasing managers' index for the eurozone economy rose to a 10-month high of 48.6 in January from 47.2 in December.

Though the index remains below the 50.0 mark that would indicate expansion, the survey echoes other findings that the worst for the eurozone economy may be over.

And HSBC's Chinese purchasing managers index was firmly in expansion territory, coming in at 54 in January, up from 51.7 in December.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14637.99+84.66
S&P CDNX671.58+0.09
DJIA17730.11-27.80
Nasdaq5009.21-3.91
S&P 5002076.78-0.64
CDN Dollar0.7965-0.0007
Gold1168.70+5.70
Oil57.25-0.36
Lumber288.50+0.40
Natural Gas2.842+0.020

 
Okanagan Companies
Pacific Safety0.165+0.005
Knighthawk0.010.00
QHR Technologies Inc1.55+0.03
Cantex0.05+0.01
Anavex Life Sciences0.455+0.004
Metalex Ventures0.075+0.010
Russel Metals22.87+0.14
Copper Mountain Mining1.14-0.02
Colorado Resources0.065-0.015
ReliaBrand Inc0.006+0.000
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.16-0.03
Decisive Dividend Corporation2.50+0.42

 





FEATURED Property
2337076833 McCurdy Road
4 bedrooms 3 baths
$950,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Active listening

Has this ever happened to you? You had an initial meeting with a prospect. You asked that prospect what seemed to be all the right questions. You had what felt to you like a good conversation, and bas...


The price of money

Money is not a commodity. By definition, a commodity is a generic product that is bought and sold on price alone. Money, Canadian bills for example, look the same, smell somewhat the same, and are ava...


TFSA strategies

Photo: Thinkstock.comThe federal government has increased the annual contribution limit of Tax-Free Savings Accounts (TFSA) to $10,000. Going forward, the annual limit will no longer be indexed to inf...

_



26376




Member of BC Press Council


26680