immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Commodity Prices

commodity prices: The loonie was off 0.1 of a cent to 89.1 cents US, according to 660 News. The worse-than-expected Chinese data suggested that the slowdown in the worlds second biggest economy is deepening and The Canadian dollar was slightly lower Monday amid a soft reading on the Chinese economy and generally higher commodity prices. HSBCs purchasing managers index for China dropped to 48.1 in March from Februarys 48.5. It was the lowest reading since July 2013 and was below consensus expectations of a modest rise. (www.immigrantscanada.com). As reported in the news.