By Commodity News Service Canada
WINNIPEG, MB, Nov. 5, 2018 (CNS Canada) – The Canadian
dollar is slightly stronger Monday morning.
At 9:01 CST Monday morning the Canadian dollar was at
US$0.7635 or C$1.3097, which compares with Friday’s North
American close of US$0.7631 or C$1.3105.
The markets are preparing for Tuesday’s mid-term elections in the United States as control of both houses of Congress are up for grabs.
Oil prices Monday morning were up as the United States granted waivers to China, India, Italy, Greece, Japan, South Korea, Taiwan and Turkey to ease their transition away from Iranian crude and to avoid destabilizing the energy market. Brent crude prices rose 80 U.S. cents to US$73.63 per barrel. United States light crude rose 53 U.S. cents to US$63.67 per barrel.
Gold is down US$2.40 Monday morning to US$1,228.50 per ounce.
The Toronto TSX/S&P Composite Index was up 39.59 points Monday morning shortly after open at 15,158.87 from Friday’s close of 15,119.28.
