Canadian Dollar falls after trade deficit climbs amid decreasing exports

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Source: Bloomberg
The Canadian currency declined following a climb in merchandise trade deficit in April after energy drove inbound shipment to a record high while overseas sales slipped for the first time since January. The Canada's Dollar dropped 0.3% to C$1.0310 versus the U.S. currency. The Canadian Dollar advanced 1.1% on Monday, the most since June 29,2012.
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Tue, 04 Jun 2013 15:29:01 GMT

Canadian shares steady after Oil stocks increase

Canada's shares were steady after energy producers climbed, while wireless providers and gold producers decreased. The Standard & Poor's/TSX Composite Index gained less than 0.1% to 12,611.63, the index has advanced 1.4% this year. Niko Resources Ltd., Petrominerales Ltd. and Penn West Petroleum Ltd. added at least 1.7% to lead gains between oil and natural gas shares.

Tue, 04 Jun 2013 15:25:53 GMT

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