Thursday, March 5th-4.7°C
25326
23829

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 TSX15082.84-51.01
S&P CDNX698.09-4.21
DJIA18096.90-106.47
Nasdaq4979.668+12.526
S&P 5002101.08+2.55
CDN Dollar0.8024-0.0025
Gold1200.00-0.60
Oil53.35+0.12
Lumber287.30-3.40
Natural Gas2.746-0.023

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.010.00
QHR Technologies Inc1.55-0.05
Cantex0.035-0.005
Anavex Life Sciences0.18+0.005
Metalex Ventures0.04-0.005
Russel Metals24.95-0.26
Copper Mountain Mining1.24-0.01
Colorado Resources0.13-0.005
ReliaBrand Inc0.0065-0.0015
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.225+0.01

 



24356

FEATURED Property
20586535550 Finch Road
10087429 bedrooms
$1,495,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


It's OK to say 'I'm sorry'

Photo: ContributedStand-up comedians and sitcoms have been making fun of Canadians for being polite as long as I can remember. Being known for our niceness is certainly not a bad thing and I wish more...

_








Member of BC Press Council


25413