By Commodity News Service Canada
July 4 (CNS Canada) – The Canadian dollar was trading at 77.10 cents U.S. at 9:02 CDT (C$1.2970 per US$1). The loonie closed June 30 at 77.06 cents U.S. (C$1.2977 per US$1)
Financial markets were sluggish early today as exchanges in the United States are closed for the July 4 holiday. North Korea’s missile test also raised caution. Trading in both European and Asian markets were down.
U.S. President Donald Trump plans to sell American natural gas during a tour of Eastern Europe Thursday in countries now captive to Russia for their energy. In the past, Russia has stopped gas shipments during disputes with neighbouring countries. The White House said it plans to make it easier for those nations to import liquefied natural gas.
WTI crude oil was down slightly in early trading today at US$46.96.
The S&P/TSX was down 18.3 points early today, or .12 per cent at 15,163.89 at 8:38 CDT.
