NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Tue Dec 4, 2012 04:08 PM CST

OUTSIDE MARKETS

The TSX is trading 37.87 lower at 12,131.87. Lower commodity markets are weighing heavily on the market, which is highly weighted with resource issues. The Canadian government elected to hold interest rates steady at 1%, unchanged since Sept 2010. Canada's GDP was announced on Friday at .6% for the third quarter, down from 1.7% in the second quarter. The Canadian dollar is up 21 points to $1.0070 CAD/U.S. dollar. Gold futures are trading below $1,700 for the first time in almost a month, currently at $1,695.20/ounce, down $24.40/ounce. Today's move marks a breach of the 100-day moving average, ...

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