Canada's TSX equity market is on the defensive, currently 15.18 points lower at 12,773.84, largely due to pressure on commodities. The Canadian dollar is 10 basis points higher at $.9972 CAD/U.S. dollar, while the U.S. dollar is .017 higher at 80.180. Gold is trading at $7.60/ounce lower at $1,642. Crude oil is $.47 lower at $97.04/barrel, while Brent crude is 6 cents higher at $118.72/barrel. U.S. crude oil stocks increased by 560,000 barrels last week, weighing on markets.
Soybean futures mustered up an early morning rally which took prices into bullish territory and to session highs prior ...